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BMO Capital Reiterates Outperform Following DAVIDsTEA Inc.'s (DTEA) In-Line 2Q

Go back to BMO Capital Reiterates Outperform Following DAVIDsTEA Inc.'s (DTEA) In-Line 2Q

DAVIDsTEA Inc. Announces Second Quarter Fiscal 2016 Financial Results

September 7, 2016 4:01 PM EDT

Second quarter sales growth of 25.3% to C$41.1 million; comparable sales increase of 5.1%

Reiterates Fiscal 2016 outlook

MONTREAL, Sept. 07, 2016 (GLOBE NEWSWIRE) --  DAVIDsTEA Inc. (Nasdaq: DTEA) today announced financial results for the three months and six months ended July 30, 2016.

For the three months ended July 30, 2016:

Sales increased by 25.3% to C$41.1 million from C$32.8 million in the second quarter of fiscal 2015. Comparable sales increased by 5.1%.Gross profit... More