DAVIDsTEA Delivers Strong Start to Fiscal 2025 with Higher Margins and Profitability Gains in Q1
Globenewswire·2025-06-17 11:00
MONTREAL, June 17, 2025 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (TSX-Venture: DTEA) ("DAVIDsTEA" or the "Company"), a leading North American tea merchant, today announced its financial results for the quarter ended May 3, 2025. "Our first-quarter performance demonstrates consistent execution of our omni-channel growth strategy and significant operational progress. Retail store sales rose 11.5% year-over-year, including 2.8% comparable store sales growth, while gross profit margin exceeded 51% of sales. With adju ...