Core Insights - DAVIDsTEA Inc. reported a focus on achieving profitable quarters while aligning marketing initiatives with the holiday season and the stronger fourth quarter, indicating a commitment to disciplined execution and growth strategies [3][22] - The company experienced a 2.9% increase in brick-and-mortar and comparable store sales for the quarter, building on an 18.1% increase from the previous year, highlighting the strength of physical retail [3][6] - Despite challenges in online and wholesale channels due to economic conditions and U.S. tariffs, early retail trends for the fourth quarter appear encouraging [3][22] Financial Performance - Total sales for the third quarter reached $12.6 million, a decrease of $1.4 million or 10.2% from the prior year, with Canadian sales accounting for 88.5% of total revenue [4][5] - U.S. sales fell to $1.5 million, down 28.3% from the previous year, while Canadian sales decreased by 7.1% [4][7] - Gross profit was $5.9 million, down 17.9% from $7.2 million in the prior year, with gross profit as a percentage of sales decreasing to 47.0% from 51.5% [8][24] Cost Management - Selling, general and administrative (SG&A) expenses decreased by 26.5% to $6.4 million, attributed to a lower operating cost base and reduced IT-related expenses [9][10] - The company recorded a net loss of $0.6 million, an improvement from a net loss of $1.6 million in the prior year [11][12] Liquidity and Capital Resources - As of November 1, 2025, the company had $8.1 million in cash and working capital of $10.7 million, down from $12.8 million earlier in the year [14][15] - The company completed a $2.7 million revenue-linked financing and a $3.0 million private placement to strengthen liquidity [5][20] Growth Strategy - DAVIDsTEA aims to double its retail footprint in Canada, with plans to open up to six new stores in fiscal 2026 [3][5] - The company opened a new store at Laurier Québec Mall in December and has additional locations under contract and letters of intent [5][6]

MONTRÉAL, Dec. 16, 2025 (GLOBE NEWSWIRE) -- Falco Resources Ltd. (TSX.V: FPC) (“Falco” or the “Corporation”) announces that the five (5) nominees listed in the management information circular dated November 4, 2025, were elected as directors of Falco. The Corporation also announces that Mr. Alexander Dann has been appointed as Chair of the Board, effective immediately, succeeding Mr. Mario Caron, who will continue to serve as lead director. Mr. Dann has served on the Board since 2021 and is a member of the ...

Bombardier introduces a high-performance connectivity device by launching Smart Router, a powerful solution for today’s connected aviationThe Smart Router will allow Bombardier customers to stay connected, with around-the-clock support and security at the core of the design, elevating the experience of customers and operators on the ground and in the airThe Smart Router will be available as baseline equipment for the entire portfolio of in-production Challenger aircraft and Global aircraft by 2026Customers ...

VANCOUVER, British Columbia, Dec. 16, 2025 (GLOBE NEWSWIRE) -- TDG Gold Corp. (TSXV: TDG | OTCQX: TDGGF) (the “Company” or “TDG”) is pleased to provide a year-end corporate update highlighting a year of significant operational, financial, and exploration achievements in 2025, while outlining a focused and well-funded strategy for continued growth in 2026. During 2025, TDG delivered a series of transformational milestones that materially advanced the Company’s scale, asset quality, and market profile. These ...

SAN FRANCISCO and BOSTON, Dec. 16, 2025 (GLOBE NEWSWIRE) -- SandboxAQ and MapLight Therapeutics, Inc. (Nasdaq: MPLT) announced today that the companies have entered into a strategic collaboration to discover and develop potential first-in-class therapies targeting a novel G protein-coupled receptor (GPCR) for the treatment of central nervous system (CNS) disorders. Under the terms of the agreement, SandboxAQ received an upfront payment and will be eligible to receive additional preclinical, development, reg ...

TORONTO, Dec. 16, 2025 (GLOBE NEWSWIRE) -- Emerita Resources Corp. (TSXV: EMO) (the “Company” or “Emerita”) announces that the amended credit agreement (the “Loan Agreement”) with Nebari Natural Resources Credit Fund II, LP (the “Lender” or “Nebari”) pursuant to which a fourth tranche of USD$35,000,000 will be made available as a standby loan to the Company (the “Upsized Loan”) has been approved by the TSX Venture Exchange (the “TSXV”). Please see the Company’s press release dated September 4, 2025 for addi ...

WINNEMUCCA, Nev., Dec. 16, 2025 (GLOBE NEWSWIRE) -- Paramount Gold Nevada Corp. (NYSE American: PZG) (“Paramount” or the “Company”) announces today that the U.S. Bureau of Land Management (“BLM”) has confirmed that the final Environmental Impact Statement (“EIS”) and Record of Decision (“ROD”) for the Grassy Mountain Gold Project are scheduled to be issued in January 2026. Project and permitting timelines can be tracked at our dedicated project website at: https://grassymountaingold.com/. “Between the US F ...

NEW YORK, Dec. 16, 2025 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Black Bear Minerals Ltd. (ASX: BKB; OTCQX: BKBMF), a North American-focused explorer and developer, has qualified to trade on the OTCQX® Best Market. Black Bear Minerals Ltd. begins trading today on OTCQX under the symbol “BKBMF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company o ...

CHASKA, Minn., Dec. 16, 2025 (GLOBE NEWSWIRE) -- Lifecore Biomedical, Inc. (NASDAQ: LFCR) (“Lifecore”), a fully integrated contract development and manufacturing organization (“CDMO”), today announced that the company will participate at the 44th Annual J.P. Morgan Healthcare Conference. The conference will take place January 12-15, 2026, in San Francisco, California. Details regarding Lifecore’s participation are as follows: 44th Annual J.P. Morgan Healthcare ConferenceDetails: Lifecore management, includi ...

MONTREAL, Dec. 16, 2025 (GLOBE NEWSWIRE) -- Aya Gold & Silver Inc. (TSX: AYA; OTCQX: AYASF) (“Aya” or the “Corporation”) is pleased to announce the filing of an updated NI 43-101 Technical Report for the Zgounder Deposit (“Zgounder”) (the “Technical Report”). The Technical Report includes updated Proven & Probable Mineral Reserves (“P&P Reserves”), and Mineral Resource Estimate (“MRE” or “Mineral Resource Estimate”), along with an accompanying updated Life of Mine (“LOM”) plan. The Mineral Resource Estimate ...