DAVIDsTEA offers a specialty branded selection of high-quality loose-leaf teas, pre-packaged teas, tea sachets, tea-related accessories and gifts through its e-commerce platform at www.davidstea.com, the Amazon Marketplace, its wholesale customers which include over 3,800 grocery stores and pharmacies, and 18 company-owned stores across Canada. It offers primarily proprietary tea blends that are exclusive to the Company, as well as traditional single-origin teas and herbs. The team’s passion for and knowledge of tea permeates the Company’s culture and is rooted in an excitement to explore the taste, health and lifestyle elements of tea. With a focus on innovative flavours, wellness-driven ingredients and organic tea, the Company launches seasonally driven “collections” with a mission of making tea fun and accessible to all. The Company is headquartered in Montréal, Canada.

DAVIDsTEA Reports Financial Results for Second Quarter Fiscal 2024
Tuesday 17 December 2024

Strong sales momentum combined with improved financial performance and operational efficiencies.

Sales of $14.0 million, an increase of 15.6% over the prior year. Gross profit margin of 51.5%, significantly better compared to 37.9% in prior year.

• Download Q3 Press Release
• Download Q3 Financial Statements
• Download Q3 MD&A
• For all other financial information please see www.sedarplus.ca

DAVIDsTEA Reports Financial Results for Second Quarter Fiscal 2024
Tuesday 17 September 2024

Sales of $11.1 million , an increase of 12.8% over the prior year. Gross profit margin of 47.3%, significantly better compared to 36.9% in prior year. SG&A expenses of $6.7 million , down 15.2% versus prior year. Net loss of $1.5 million , improved from loss of $4.3 million in prior year.

• Download Q2 Press Release
• Download Q2 Financial Statements
• Download Q2 MD&A
• For all other financial information please see www.sedarplus.ca

DAVIDsTEA Reports Financial Results for First Quarter Fiscal 2024
Tuesday 18 June 2024

MONTREAL, June 18, 2024 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (TSX-Venture: DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, announced today its first quarter results for the period ended May 4, 2024.

• Sales of $13.4 million
• Net loss of $2.6 million
• Adjusted EBITDA1 of negative $0.8 million
• Launches cold brew ready-to-drink sparkling iced tea collection

• Download Q1 Press Release
• Download Q1 Financial Statements
• Download Q1 MD&A
• For all other financial information please see www.sedarplus.ca