DAVIDsTEA Reports First Quarter Fiscal 2021 Financial Results

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DAVIDsTEA Inc. (DTEA) Reports Q1 Loss of $0.05

June 15, 2021 4:11 PM EDT

DAVIDsTEA Inc. (NASDAQ: DTEA) reported Q1 EPS of ($0.05), versus ($0.26) reported last year. Revenue for the quarter came in at $23.2 million, versus $32.2 million reported last year.

We expect to emerge from CCAA a transformed and radically different organization with a digital-first strategy that required changes to every aspect of our business. Over the past year, we have focused our efforts to find new ways to engage with tea lovers and to replicate our in-store tea... More