DAVIDsTEA Inc. (DTEA) Reports Q4 Loss of Cdn$0.07/Share

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DAVIDsTEA Inc. Announces First Quarter Fiscal 2018 Financial Results

June 11, 2018 4:01 PM EDT

MONTREAL, June 11, 2018 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (Nasdaq: DTEA) today announced financial results for the three months ended May 5, 2018.

DAVIDsTEA President and Chief Executive Officer, Joel Silver, said, In the first quarter of fiscal 2018, DAVIDsTEA continued to focus on the execution of its plan to improve the companys performance. This includes investing in e-commerce, refocusing on merchandising and marketing, leveraging our strong brand and opportunities in international markets, and rebuilding a profitable store network in North America. The positive highlights of the first quarter were the double-digit growth in... More