The earnings call highlights strong retail sales growth, significant improvements in gross profit margins, and reduced operating expenses, contributing to improved EBITDA and reduced net loss. However, declines in online and wholesale sales, coupled with cash flow challenges, present ongoing concerns. The company appears well-positioned for future growth with strategic initiatives in place.

Company Guidance -

Q2 2025

In the first quarter of fiscal 2025, DAVIDsTEA demonstrated solid financial performance and strategic progress, driven by a strong execution of its omnichannel growth strategy. Retail channel sales increased by 11.5% year-over-year, with a 2.8% rise in comparable same-store sales, contributing to total sales of $13.5 million. Gross profit margin expanded significantly to 51.1%, surpassing the targeted range of 48% to 50%, while selling, general, and administrative expenses were reduced by $1.5 million to $6.9 million, aided by a $1.1 million reduction in IT expenses. Adjusted EBITDA improved to $1.6 million from a negative $0.8 million in the previous year, and the net loss was reduced to $0.2 million from $2.6 million. Cash position at the quarter's end stood at $10.4 million, despite a decrease from $16.2 million in the prior quarter due to seasonal factors. The company is set to open new stores and relocate existing ones, aiming for a compound annual revenue growth of over 10% over three years, while addressing challenges in its wholesale and online channels with strategic leadership appointments.

Strong Retail Sales Growth

Retail channel sales grew by 11.5% year-over-year, including 2.8% comparable same-store sales growth. This marks a strong performance for retail operations.

Significant Gross Profit Expansion

Gross profit margin improved to 51.1%, up from 43.3% in Q1 of 2024, driven by improved product margins and reduced freight, shipping, and fulfillment costs.

Reduction in SG&A Expenses

Selling, general and administrative expenses were reduced by $1.5 million year-over-year to $6.9 million, a 17.9% reduction, primarily due to IT platform changes.

Improved EBITDA and Reduced Net Loss

Adjusted EBITDA reached $1.6 million, improving from a negative $0.8 million in the prior year quarter. Net loss reduced to $0.2 million compared to a $2.6 million loss in Q1 2024.

U.S. Sales Growth

Sales in the U.S. increased by 10.1% year-over-year, contributing to the overall 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

Daily Earnings Calendar >

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 (TSE:DTEA) report earnings?

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

What is DAVIDsTEA (TSE:DTEA) earnings time?

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

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

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What is TSE:DTEA EPS forecast?

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