DAVIDsTEA Inc. reported earnings results for the second quarter and six months ended July 29, 2023. For the second quarter, the company reported sales was CAD 9.83 million compared to CAD 15.21 million a year ago. Net loss was CAD 4.25 million compared to CAD 4.84 million a year ago. Diluted loss per share from continuing operations was CAD 0.16 compared to CAD 0.18 a year ago.
For the six months, sales was CAD 24.15 million compared to CAD 35.49 million a year ago. Net loss was CAD 6.24 million compared to CAD 6.81 million a year ago.