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Davidstea Inc. (DTEAF)
:DTEAF
Earnings Data
Report Date
Jun 17, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
-0.07Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 28, 2025
|% Change Since: 42.59%
|Next Earnings Date:Jun 17, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted a significant turnaround year for DAVIDsTEA with notable achievements in profitability, revenue growth, and operational improvements, despite some challenges in Q4 revenue decline and specific channel performance.Company Guidance
During the fiscal year 2024, DAVIDsTEA achieved significant milestones, marked by a revenue increase to $61.8 million, a nearly 2% growth from the previous year. The company reported an adjusted EBITDA of $3.9 million, reflecting a positive shift of $9.3 million year-over-year, while net income in Q4 was $2.5 million, a turnaround from a $3.9 million loss the previous year. Despite a 4.6% revenue decline in Q4 due to a shorter fiscal quarter and Canada Post disruptions, brick-and-mortar sales remained steady at $8.6 million, with comparable store sales rising 6.9% for the full year. E-commerce sales slightly dipped by 5.6% to $12.4 million, and wholesale sales fell to $2.3 million due to strategic exits from unprofitable accounts. However, the gross profit margin improved to 48.4% in Q4, driven by stronger product margins and reduced shipping and fulfillment costs. Looking ahead to fiscal 2025, the company aims for a 10% to 12% compound annual growth rate over the next three years, with plans to double its retail footprint in Canada, expand U.S. wholesale, and enhance digital capabilities while sustaining gross margins in the 48% to 50% range.Profitable Turnaround Year
Fiscal 2024 marked a pivotal turnaround for DAVIDsTEA with disciplined execution leading to profitability and stabilization of the business.
Revenue Growth
Revenue increased to $61.8 million, up $1.1 million year-over-year, showing just under 2% growth compared to last year.
Strong Adjusted EBITDA
Adjusted EBITDA showed a $9.3 million positive swing, reaching $3.9 million year-over-year.
Net Income Improvement
Net income in Q4 was $2.5 million, compared to a loss of $3.9 million a year ago.
Successful Retail Strategy
Brick-and-mortar retail saw comparable store sales rise 6.9% for the full year, driven by new store openings in high-traffic locations.
Gross Profit Margin Increase
Gross profit margin improved to 48.4% in Q4 due to stronger product margins and reduced shipping and fulfillment costs.
DTEAF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
DTEAF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 28, 2025 | $0.54 | $0.72 | +33.33% |
Dec 17, 2024 | $0.30 | $0.34 | +13.33% |
Sep 17, 2024 | $0.14 | $0.25 | +78.57% |
Jun 18, 2024 | $0.12 | $0.12 | 0.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Davidstea Inc. (DTEAF) report earnings?
Davidstea Inc. (DTEAF) is schdueled to report earning on Jun 17, 2025, TBA Not Confirmed.
What is Davidstea Inc. (DTEAF) earnings time?
Davidstea Inc. (DTEAF) earnings time is at Jun 17, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is DTEAF EPS forecast?
Currently, no data Available