DAVIDsTEA - DTEA Stock Forecast, Price & News

DAVIDsTEA's stock was trading at $0.79 at the start of the year. Since then, DTEA stock has increased by 0.0% and is now trading at $0.79.
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The company is scheduled to release its next quarterly earnings announcement on Friday, May 5th 2023.
View our DTEA earnings forecast.

DAVIDsTEA Inc. (NASDAQ:DTEA) issued its quarterly earnings results on Wednesday, September, 7th. The company reported ($0.09) earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of ($0.09). The company earned $31.89 million during the quarter, compared to the consensus estimate of $30.53 million. DAVIDsTEA had a negative trailing twelve-month return on equity of 13.69% and a negative net margin of 10.92%. DAVIDsTEA's revenue was up 25.3% on a year-over-year basis. During the same quarter last year, the company posted ($0.07) EPS.

DAVIDsTEA updated its fourth quarter 2022 earnings guidance on Thursday, February, 2nd. The company provided EPS guidance of for the period. The company issued revenue guidance of $21.59 million-$23.08 million.

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 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 served 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."

DAVIDsTEA's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Susquehanna International Group LLP (0.21%), Simplex Trading LLC (0.00%) and Concourse Financial Group Securities Inc. (0.00%).

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 $0.79.

DAVIDsTEA (NASDAQ:DTEA) has a market capitalization of $20.99 million and generates $83.03 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.