DAVIDsTEA Inc. Announces Third Quarter Fiscal 2016 Financial Results

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BMO Capital Downgrades DAVIDsTEA (DTEA) to Market Perform

December 9, 2016 6:07 AM EST

BMO Capital downgraded DAVIDsTEA (NASDAQ: DTEA) from Outperform to Market Perform with a price target of $9.00 (from $16.00).

Analyst Kelly Bania commented, "We are downgrading DTEA shares to Market Perform and lowering our price target to $9. Following weaker-than-expected F3Q17 results & F4Q17 guidance, ongoing... More

DAVIDsTEA Inc. (DTEA) Misses Q3 EPS by 4c, Names Interim CFO

December 8, 2016 4:06 PM EST

DAVIDsTEA Inc. (NASDAQ: DTEA) reported Q3 EPS of (Cdn$0.10), Cdn$0.04 worse than the analyst estimate of (Cdn$0.06). Revenue for the quarter came in at Cdn$44.1 million versus the consensus estimate of Cdn$32.6 million.

GUIDANCE:

DAVIDsTEA Inc. sees Q4 2016... More