DAVIDsTEA Inc. (DTEA) Reports Q3 EPS of $0.09 on Revenues of $26.2M

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DAVIDsTEA Reports Third Quarter Fiscal 2020 Financial Results

December 15, 2020 4:15 PM EST

145.5% increase in e-commerce and wholesale sales to $22.1 millionGross profit of $10.8 millionAdjusted EBITDA of $3.3 millionCash of $21.9 million at quarter-endRestructuring activities ongoing and Court order extended until March 19, 2021

MONTREAL, Dec. 15, 2020 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (Nasdaq: DTEA) (DAVIDsTEA or the Company), a leading tea merchant in North America, announces its third quarter results for the period ended October 31,... More