DAVIDsTEA Inc. (DTEA) Tops Q4 EPS by 5c

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Go back to DAVIDsTEA Inc. (DTEA) Tops Q4 EPS by 5c

DAVIDsTEA Inc. Announces Fourth Quarter and Fiscal 2016 Financial Results

April 12, 2017 4:01 PM EDT

Fourth quarter sales growth of 13.9% to C$86.3 million

FY16 sales growth of 19.5% to C$216.0 million

MONTREAL, April 12, 2017 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (Nasdaq: DTEA) today announced financial results for the three months and year ended January 28, 2017.

For the three months ended January 28, 2017:

Sales increased by 13.9% to C$86.3 million from C$75.8 million in the fourth quarter of fiscal 2015. Comparable sales increased by 0.4%.Gross profit increased by... More