DAVIDsTEA's earnings call for Q1 2025 highlighted several positive developments including strong retail sales growth, improved gross profit margins, and significant reductions in SG&A expenses. Although there were challenges in the online and wholesale channels due to macroeconomic factors, the company's overall performance and strategic initiatives position it well for future growth.

Company Guidance -

Q2 2025

In the first quarter of fiscal 2025, DAVIDsTEA reported a strong start, reflecting a successful execution of its omnichannel growth strategy. The company achieved an 11.5% increase in retail channel sales, including a 2.8% rise in comparable same-store sales, leading to a consolidated sales growth of 0.6% year-over-year, totaling $13.5 million. Gross profit margin significantly improved to 51.1%, surpassing the targeted range of 48% to 50%, due to better product margins and lower fulfillment costs. Selling, general, and administrative expenses were reduced by $1.5 million to $6.9 million, primarily by transitioning to a more cost-efficient IT platform. The quarter also saw a reduction in net loss to $0.2 million from $2.6 million the previous year, with adjusted EBITDA increasing to $1.6 million, indicating a margin of 11.7%. The company plans to continue its growth trajectory with new store openings and strategic leadership appointments to enhance its wholesale and online channels, aiming for a compound annual growth rate of over 10% across three years.

Strong Retail Channel Sales Growth

Retail channel sales grew by 11.5% year-over-year, including 2.8% comparable same-store sales growth.

Gross Profit Expansion

Gross profit margin improved to 51.1%, up from 43.3% in Q1 of 2024, exceeding the targeted range of 48% to 50%.

Reduction in Selling, General, and Administrative Expenses

SG&A expenses were reduced by $1.5 million year-over-year to $6.9 million, a 17.9% reduction.

Improved EBITDA

Adjusted EBITDA reached $1.6 million, a significant improvement from negative $0.8 million in the prior year quarter.

Net Loss Reduction

Net loss reduced to $0.2 million in Q1 2025 compared to a $2.6 million loss in the first quarter of last year.

Cash Position Improvement

Cash position improved to $10.4 million at quarter end, up from $8.8 million in Q1 2024.

New Store Openings Planned

Plans to open new stores in the fall, including relocating one store to a high-traffic suburban center in Montreal.

Strategic Talent Additions

Appointed new leadership for wholesale and online sales to drive future growth.

DAVIDsTEA (TSE:DTEA) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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TSE:DTEA Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Sep 16, 2025	2025 (Q2)	- / -	-0.055	―	―	―
Jun 17, 2025	2025 (Q1)	- / -	-0.099	―	―
May 28, 2025	2024 (Q4)	- / >-0.01	-0.099	93.94% (+0.09)	―
Dec 17, 2024	2024 (Q3)	- / -0.06	-0.139	58.27% (+0.08)	―
Sep 17, 2024	2024 (Q2)	- / -0.06	-0.159	65.41% (+0.10)	―
Jun 18, 2024	2024 (Q1)	- / -	-0.074	―	―
May 02, 2024	2023 (Q4)	- / -0.10	-0.074	-33.78% (-0.03)	―
Dec 12, 2023	2023 (Q3)	- / -0.14	-0.178	21.91% (+0.04)	―
Sep 12, 2023	2023 (Q2)	- / -0.16	-0.182	12.64% (+0.02)	―
Jun 13, 2023	2023 (Q1)	- / -0.07	-0.075	1.33% (<+0.01)	―

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

TSE:DTEA Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jun 17, 2025	C$1.14	C$1.05	-7.89%
May 28, 2025	C$0.68	C$1.04	+52.94%
Dec 17, 2024	C$0.38	C$0.48	+26.32%
Sep 17, 2024	C$0.17	C$0.33	+88.57%

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. (TSE:DTEA) report earnings?

Davidstea Inc. (TSE:DTEA) is schdueled to report earning on Sep 16, 2025, After Close (Confirmed).

What is Davidstea Inc. (TSE:DTEA) earnings time?

Davidstea Inc. (TSE:DTEA) earnings time is at Sep 16, 2025, After Close (Confirmed).

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