DAVIDsTEA Reports Third Quarter Results

Tue, 16 Dec 2025 07:00:00 -0500

Key Highlights

Sales totaled $12.6 million in the quarter compared to $14.0 million in the prior-year quarter
Retail and comparable store sales growth of 2.9%, resulting in a 21% two-year stack, reflecting continued retail momentum
SG&A expenses decreased 26.5% in the quarter to $6.4 million, driven by a materially lower operating cost base
Net loss narrowed to $0.6 million, from $1.6 million in the prior-year quarter
$2.7 million revenue-linked financing completed during the quarter and $3.0 million private placement closed post quarter-end
New store opened at Laurier Québec Mall in December with goal of adding 6 new locations in fiscal 2026

DAVIDsTEA Reports Third Quarter Results

Tue, 16 Dec 2025 07:00:00 -0500

Key Highlights

Sales totaled $12.6 million in the quarter compared to $14.0 million in the prior-year quarter
Retail and comparable store sales growth of 2.9%, resulting in a 21% two-year stack, reflecting continued retail momentum
SG&A expenses decreased 26.5% in the quarter to $6.4 million, driven by a materially lower operating cost base
Net loss narrowed to $0.6 million, from $1.6 million in the prior-year quarter
$2.7 million revenue-linked financing completed during the quarter and $3.0 million private placement closed post quarter-end
New store opened at Laurier Québec Mall in December with goal of adding 6 new locations in fiscal 2026

DAVIDsTEA Reports Third Quarter Results

Tue, 16 Dec 2025 07:00:00 -0500

Key Highlights

Sales totaled $12.6 million in the quarter compared to $14.0 million in the prior-year quarter
Retail and comparable store sales growth of 2.9%, resulting in a 21% two-year stack, reflecting continued retail momentum
SG&A expenses decreased 26.5% in the quarter to $6.4 million, driven by a materially lower operating cost base
Net loss narrowed to $0.6 million, from $1.6 million in the prior-year quarter
$2.7 million revenue-linked financing completed during the quarter and $3.0 million private placement closed post quarter-end
New store opened at Laurier Québec Mall in December with goal of adding 6 new locations in fiscal 2026

DAVIDsTEA Reports Third Quarter Results

Tue, 16 Dec 2025 07:00:00 -0500

Key Highlights

Sales totaled $12.6 million in the quarter compared to $14.0 million in the prior-year quarter
Retail and comparable store sales growth of 2.9%, resulting in a 21% two-year stack, reflecting continued retail momentum
SG&A expenses decreased 26.5% in the quarter to $6.4 million, driven by a materially lower operating cost base
Net loss narrowed to $0.6 million, from $1.6 million in the prior-year quarter
$2.7 million revenue-linked financing completed during the quarter and $3.0 million private placement closed post quarter-end
New store opened at Laurier Québec Mall in December with goal of adding 6 new locations in fiscal 2026

DAVIDsTEA Reports Third Quarter Results

Tue, 16 Dec 2025 07:00:00 -0500

Key Highlights

Sales totaled $12.6 million in the quarter compared to $14.0 million in the prior-year quarter
Retail and comparable store sales growth of 2.9%, resulting in a 21% two-year stack, reflecting continued retail momentum
SG&A expenses decreased 26.5% in the quarter to $6.4 million, driven by a materially lower operating cost base
Net loss narrowed to $0.6 million, from $1.6 million in the prior-year quarter
$2.7 million revenue-linked financing completed during the quarter and $3.0 million private placement closed post quarter-end
New store opened at Laurier Québec Mall in December with goal of adding 6 new locations in fiscal 2026

DAVIDsTEA Reports Third Quarter Results

Tue, 16 Dec 2025 07:00:00 -0500

Key Highlights

Sales totaled $12.6 million in the quarter compared to $14.0 million in the prior-year quarter
Retail and comparable store sales growth of 2.9%, resulting in a 21% two-year stack, reflecting continued retail momentum
SG&A expenses decreased 26.5% in the quarter to $6.4 million, driven by a materially lower operating cost base
Net loss narrowed to $0.6 million, from $1.6 million in the prior-year quarter
$2.7 million revenue-linked financing completed during the quarter and $3.0 million private placement closed post quarter-end
New store opened at Laurier Québec Mall in December with goal of adding 6 new locations in fiscal 2026

DAVIDsTEA Reports Third Quarter Results

Tue, 16 Dec 2025 07:00:00 -0500

Key Highlights

Sales totaled $12.6 million in the quarter compared to $14.0 million in the prior-year quarter
Retail and comparable store sales growth of 2.9%, resulting in a 21% two-year stack, reflecting continued retail momentum
SG&A expenses decreased 26.5% in the quarter to $6.4 million, driven by a materially lower operating cost base
Net loss narrowed to $0.6 million, from $1.6 million in the prior-year quarter
$2.7 million revenue-linked financing completed during the quarter and $3.0 million private placement closed post quarter-end
New store opened at Laurier Québec Mall in December with goal of adding 6 new locations in fiscal 2026

DAVIDsTEA Reports Third Quarter Results

Tue, 16 Dec 2025 07:00:00 -0500

Key Highlights

Sales totaled $12.6 million in the quarter compared to $14.0 million in the prior-year quarter
Retail and comparable store sales growth of 2.9%, resulting in a 21% two-year stack, reflecting continued retail momentum
SG&A expenses decreased 26.5% in the quarter to $6.4 million, driven by a materially lower operating cost base
Net loss narrowed to $0.6 million, from $1.6 million in the prior-year quarter
$2.7 million revenue-linked financing completed during the quarter and $3.0 million private placement closed post quarter-end
New store opened at Laurier Québec Mall in December with goal of adding 6 new locations in fiscal 2026

DAVIDsTEA Reports Third Quarter Results

Tue, 16 Dec 2025 07:00:00 -0500

Key Highlights

Sales totaled $12.6 million in the quarter compared to $14.0 million in the prior-year quarter
Retail and comparable store sales growth of 2.9%, resulting in a 21% two-year stack, reflecting continued retail momentum
SG&A expenses decreased 26.5% in the quarter to $6.4 million, driven by a materially lower operating cost base
Net loss narrowed to $0.6 million, from $1.6 million in the prior-year quarter
$2.7 million revenue-linked financing completed during the quarter and $3.0 million private placement closed post quarter-end
New store opened at Laurier Québec Mall in December with goal of adding 6 new locations in fiscal 2026

DAVIDsTEA Reports Third Quarter Results

Tue, 16 Dec 2025 07:00:00 -0500

Key Highlights

Sales totaled $12.6 million in the quarter compared to $14.0 million in the prior-year quarter
Retail and comparable store sales growth of 2.9%, resulting in a 21% two-year stack, reflecting continued retail momentum
SG&A expenses decreased 26.5% in the quarter to $6.4 million, driven by a materially lower operating cost base
Net loss narrowed to $0.6 million, from $1.6 million in the prior-year quarter
$2.7 million revenue-linked financing completed during the quarter and $3.0 million private placement closed post quarter-end
New store opened at Laurier Québec Mall in December with goal of adding 6 new locations in fiscal 2026

DAVIDsTEA Reports Third Quarter Results

Tue, 16 Dec 2025 07:00:00 -0500

Key Highlights

Sales totaled $12.6 million in the quarter compared to $14.0 million in the prior-year quarter
Retail and comparable store sales growth of 2.9%, resulting in a 21% two-year stack, reflecting continued retail momentum
SG&A expenses decreased 26.5% in the quarter to $6.4 million, driven by a materially lower operating cost base
Net loss narrowed to $0.6 million, from $1.6 million in the prior-year quarter
$2.7 million revenue-linked financing completed during the quarter and $3.0 million private placement closed post quarter-end
New store opened at Laurier Québec Mall in December with goal of adding 6 new locations in fiscal 2026

DAVIDsTEA Reports Third Quarter Results

Tue, 16 Dec 2025 07:00:00 -0500

Key Highlights

Sales totaled $12.6 million in the quarter compared to $14.0 million in the prior-year quarter
Retail and comparable store sales growth of 2.9%, resulting in a 21% two-year stack, reflecting continued retail momentum
SG&A expenses decreased 26.5% in the quarter to $6.4 million, driven by a materially lower operating cost base
Net loss narrowed to $0.6 million, from $1.6 million in the prior-year quarter
$2.7 million revenue-linked financing completed during the quarter and $3.0 million private placement closed post quarter-end
New store opened at Laurier Québec Mall in December with goal of adding 6 new locations in fiscal 2026

DAVIDsTEA Announces Date of Third Quarter Fiscal 2025 Earnings

Tue, 09 Dec 2025 08:30:00 -0500

MONTREAL, Dec. 09, 2025 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (TSX-Venture: DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, announced today that its financial results for the third quarter of Fiscal 2025 will be released before markets open on December 16, 2025. The Company will host a webcast same day at 8:30 a.m. Eastern Time to discuss the financial results.

Details of the webcast

Via the internet at: www.davidstea.com, in the "investor" section, or at:
https://www.gowebcasting.com/14391

An online archive of

DAVIDsTEA Announces Date of Third Quarter Fiscal 2025 Earnings

Tue, 09 Dec 2025 08:30:00 -0500

Details of the webcast

Via the internet at: www.davidstea.com, in the "investor" section, or at:
https://www.gowebcasting.com/14391

An online archive of

DAVIDsTEA Announces Date of Third Quarter Fiscal 2025 Earnings

Tue, 09 Dec 2025 08:30:00 -0500

Details of the webcast

Via the internet at: www.davidstea.com, in the "investor" section, or at:
https://www.gowebcasting.com/14391

An online archive of

DAVIDsTEA Announces Date of Third Quarter Fiscal 2025 Earnings

Tue, 09 Dec 2025 08:30:00 -0500

Details of the webcast

Via the internet at: www.davidstea.com, in the "investor" section, or at:
https://www.gowebcasting.com/14391

An online archive of

DAVIDsTEA Announces Date of Third Quarter Fiscal 2025 Earnings

Tue, 09 Dec 2025 08:30:00 -0500

Details of the webcast

Via the internet at: www.davidstea.com, in the "investor" section, or at:
https://www.gowebcasting.com/14391

An online archive of

DAVIDsTEA Announces Date of Third Quarter Fiscal 2025 Earnings

Tue, 09 Dec 2025 08:30:00 -0500

Details of the webcast

Via the internet at: www.davidstea.com, in the "investor" section, or at:
https://www.gowebcasting.com/14391

An online archive of

DAVIDsTEA Announces Date of Third Quarter Fiscal 2025 Earnings

Tue, 09 Dec 2025 08:30:00 -0500

Details of the webcast

Via the internet at: www.davidstea.com, in the "investor" section, or at:
https://www.gowebcasting.com/14391

An online archive of

DAVIDsTEA Announces Date of Third Quarter Fiscal 2025 Earnings

Tue, 09 Dec 2025 08:30:00 -0500

Details of the webcast

Via the internet at: www.davidstea.com, in the "investor" section, or at:
https://www.gowebcasting.com/14391

An online archive of

DAVIDsTEA raises $3 million in private placement for store expansion

Wed, 19 Nov 2025 17:15:09 -0500

DAVIDsTEA Inc. (TSX-V: DTEA) completed a $3 million private placement to fund new store openings across Canada and support working capital requirements, according to a company statement.

The Montreal-based tea merchant issued 3,333,334 units at $0.90 per unit. Each unit includes one common share and one-half of a common share purchase warrant.

The warrants allow holders to purchase additional common shares at $1.25 per share for one year from closing, then at $1.50 per share for the following year. The company can force warrant expiration if its shares trade at $2.00 or higher for 20 consecutive trading days after a four-month holding

DAVIDsTEA raises $3 million in private placement for store expansion

Wed, 19 Nov 2025 17:15:09 -0500

DAVIDsTEA Inc. (TSX-V: DTEA) completed a $3 million private placement to fund new store openings across Canada and support working capital requirements, according to a company statement.

The Montreal-based tea merchant issued 3,333,334 units at $0.90 per unit. Each unit includes one common share and one-half of a common share purchase warrant.

DAVIDsTEA raises $3 million in private placement for store expansion

Wed, 19 Nov 2025 17:15:09 -0500

DAVIDsTEA Inc. (TSX-V: DTEA) completed a $3 million private placement to fund new store openings across Canada and support working capital requirements, according to a company statement.

The Montreal-based tea merchant issued 3,333,334 units at $0.90 per unit. Each unit includes one common share and one-half of a common share purchase warrant.

DAVIDsTEA raises $3 million in private placement for store expansion

Wed, 19 Nov 2025 17:15:09 -0500

DAVIDsTEA Inc. (TSX-V: DTEA) completed a $3 million private placement to fund new store openings across Canada and support working capital requirements, according to a company statement.

The Montreal-based tea merchant issued 3,333,334 units at $0.90 per unit. Each unit includes one common share and one-half of a common share purchase warrant.

DAVIDsTEA Closes $3.0 Million Private Placement

Wed, 19 Nov 2025 17:15:00 -0500

MONTREAL, Nov. 19, 2025 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (TSX-Venture: DTEA) (“DAVIDsTEA” or the “Company”), a leading North American tea merchant, is pleased to announce that it has closed its previously-announced private placement of units in an aggregate amount of $3 million (the “Private Placement”). Proceeds from the Private Placement will be used to open new stores across Canada and to support working capital requirements.

In the Private Placement, DAVIDsTEA issued 3,333,334 units at a price of $0.90 per unit, for proceeds of $3 million. Each unit consists of one common share and one-half of

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DAVIDsTEA Reports Third Quarter Results

DAVIDsTEA Reports Third Quarter Results

DAVIDsTEA Reports Third Quarter Results

DAVIDsTEA Reports Third Quarter Results

DAVIDsTEA Reports Third Quarter Results

DAVIDsTEA Reports Third Quarter Results

DAVIDsTEA Reports Third Quarter Results

DAVIDsTEA Reports Third Quarter Results

DAVIDsTEA Reports Third Quarter Results

DAVIDsTEA Reports Third Quarter Results

DAVIDsTEA Reports Third Quarter Results

DAVIDsTEA Reports Third Quarter Results

DAVIDsTEA Announces Date of Third Quarter Fiscal 2025 Earnings

DAVIDsTEA Announces Date of Third Quarter Fiscal 2025 Earnings

DAVIDsTEA Announces Date of Third Quarter Fiscal 2025 Earnings

DAVIDsTEA Announces Date of Third Quarter Fiscal 2025 Earnings

DAVIDsTEA Announces Date of Third Quarter Fiscal 2025 Earnings

DAVIDsTEA Announces Date of Third Quarter Fiscal 2025 Earnings

DAVIDsTEA Announces Date of Third Quarter Fiscal 2025 Earnings

DAVIDsTEA Announces Date of Third Quarter Fiscal 2025 Earnings

DAVIDsTEA raises $3 million in private placement for store expansion

DAVIDsTEA raises $3 million in private placement for store expansion

DAVIDsTEA raises $3 million in private placement for store expansion

DAVIDsTEA raises $3 million in private placement for store expansion

DAVIDsTEA Closes $3.0 Million Private Placement