DAVIDsTEA (DTEA) Stock Forecast, Price & News

DAVIDsTEA's stock was trading at $0.79 on January 1st, 2023. Since then, DTEA shares have decreased by 48.7% and is now trading at $0.4050.
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DAVIDsTEA Inc. (NASDAQ:DTEA) announced its earnings results on Wednesday, September, 7th. The company reported ($0.09) EPS for the quarter, hitting analysts' consensus estimates of ($0.09). The business earned $31.89 million during the quarter, compared to analyst estimates of $30.53 million. DAVIDsTEA had a negative net margin of 10.92% and a negative trailing twelve-month return on equity of 13.69%. DAVIDsTEA's quarterly revenue was up 25.3% on a year-over-year basis. During the same period last year, the firm earned ($0.07) earnings per share.

64 employees have rated DAVIDsTEA Chief Executive Officer Herschel Segal on Glassdoor.com. Herschel Segal has an approval rating of 31% among the company's employees. This puts Herschel Segal in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other DAVIDsTEA investors own include Coty (COTY), Aurora Cannabis (ACB), NewAge (NBEV), NIO (NIO), Ford Motor (F), Tilray (TLRY), Carnival Co. & (CCL), Las Vegas Sands (LVS) and Exxon Mobil (XOM).

(DTEA) raised $76 million in an initial public offering (IPO) on Friday, June 5th 2015. The company issued 5,100,000 shares at $14.00-$16.00 per share. Goldman Sachs, J.P. Morgan and BofA Merrill Lynch acted as the underwriters for the IPO and BMO Capital Markets and William Blair were co-managers.

DAVIDsTEA trades on the NASDAQ under the ticker symbol "DTEA."

Shares of DTEA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of DTEA stock can currently be purchased for approximately $0.41.

DAVIDsTEA (NASDAQ:DTEA) has a market capitalization of $10.76 million and generates $91.55 million in revenue each year. The company earns $62.38 million in net income (profit) each year or ($0.30) on an earnings per share basis.

The company employs 252 workers across the globe.

DAVIDsTEA's mailing address is 5430 FERRIER, MOUNT-ROYAL A8, H4P 1M2. The official website for the company is www.davidstea.com. The company can be reached via phone at (188) 887-3006, via email at investors@davidstea.com, or via fax at 1-514-739-0200.