DAVIDsTEA Inc. (DTEA) Reports Q3 Loss of Cdn$0.12/sh

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Go back to DAVIDsTEA Inc. (DTEA) Reports Q3 Loss of Cdn$0.12/sh

DAVIDsTEA Reports Financial Results for the Third Quarter of Fiscal 2022

December 13, 2022 4:23 PM EST

Sales totaled $16.2 millionNet loss of $4.7 millionAdjusted EBITDA amounted to negative $2.0 millionCash position of $16.1 million

MONTREAL, Dec. 13, 2022 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (Nasdaq: DTEA) (DAVIDsTEA or the Company), a leading tea merchant in North America, announced today its third quarter results for the period ended October 29, 2022.

We remain focused on our competitive advantages with a strategic retail presence across Canada, a strong wellness-driven portfolio of... More