BMO Capital Downgrades DAVIDsTEA (DTEA) to Market Perform

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Go back to BMO Capital Downgrades DAVIDsTEA (DTEA) to Market Perform

DAVIDsTEA Inc. Announces Third Quarter Fiscal 2016 Financial Results

December 8, 2016 4:01 PM EST

Third quarter sales growth of 21.5% to $44.1 million

Updates Fiscal 2016 outlook

Christine Bullen, Managing Director of U.S. Markets, appointed Interim President and CEO

MONTREAL, Dec. 08, 2016 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (Nasdaq: DTEA) today announced financial results for the three months and nine months ended October 29, 2016.

For the three months ended October 29, 2016:

Sales increased by 21.5% to C$44.1 million from C$36.3 million... More