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  • The Canadian Press

    DavidsTea brewed up an annual profit for the first time in seven years

    MONTREAL — DavidsTea Inc. brewed its first annual profit in seven years as it capped a recovery year by swinging to a profit in the fourth quarter. The Montreal-based beverage company, which has dramatically restructured its operations, earned $78.1 million in fiscal 2021. That compared with a loss of $55.9 million a year earlier. The annual profit was the first since 2015, when it earned $6.5 million. For the three months ended Jan. 29, DavidsTea earned $1.3 million or five cents per diluted sh

  • GlobeNewswire

    DAVIDsTEA Reports Fourth Quarter and Full Year Fiscal 2021 Financial Results

    Fiscal 2021 Sales of $104.1 millionNet income of $78.1 millionAdjusted EBITDA of $5.3 millionCash position of $25.1 million Q4 2021 Sales of $39.9 millionNet income of $1.3 millionAdjusted EBITDA of $3.7 million MONTREAL, April 29, 2022 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (Nasdaq: DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, announces its fourth quarter and full year results for the period ended January 29, 2022. “We adapted to changes in consumer habits related

  • Simply Wall St.

    Investing in DAVIDsTEA (NASDAQ:DTEA) three years ago would have delivered you a 86% gain

    It hasn't been the best quarter for DAVIDsTEA Inc. ( NASDAQ:DTEA ) shareholders, since the share price has fallen 22...