DAVIDsTEA Delivers Strong Start to Fiscal 2025 with Higher Margins and Profitability Gains in Q1
Globenewswire·2025-06-17 11:00
Q1 sales reached $13.5 million, representing a 0.6% increase year-over-yearGross profit margin rose to 51.1%, up from 43.3% in Q1 2024Net loss significantly reduced to $0.2 million compared to $2.6 million in Q1 2024Adjusted EBITDA turned positive at $1.6 million versus negative $0.8 million in Q1 2024Cash position strengthened to $10.4 million, up from $8.8 million in Q1 2024 MONTREAL, June 17, 2025 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (TSX-Venture: DTEA) (“DAVIDsTEA” or the “Company”), a leading North Ameri ...