DAVIDsTEA Inc. (DTEA)

DAVIDsTEA Reports Fourth Quarter and Full Year Fiscal 2022 Financial Results

Fiscal 2022 Sales of $83.0 millionNet loss of $14.9 millionAdjusted EBITDA negative $5.0 millionCash position of $22.4 million Q4 2022 Sales of $31.4 millionNet loss of $3.3 millionAdjusted EBITDA negative $0.9 millionWholesale expansion into U.S. in fall 2023 in over 400 grocery stores MONTREAL, April 28, 2023 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (TSX-Venture: DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, announced today its fourth quarter and full year results fo