DAVIDsTEA (DTEA) Stock Price, News & Analysis

DAVIDsTEA's stock was trading at $0.3505 at the beginning of 2024. Since then, DTEA stock has decreased by 8.7% and is now trading at $0.32.
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DAVIDsTEA Inc. (NASDAQ:DTEA) announced its 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 analysts' expectations 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%. The business's quarterly revenue was up 25.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($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), NewAge (NBEV), NIO (NIO), Ford Motor (F), Tilray (TLRY), Carnival Co. & (CCL), Las Vegas Sands (LVS) and Exxon Mobil (XOM).

DAVIDsTEA (DTEA) raised $76 million in an IPO on Friday, June 5th 2015. The company issued 5,100,000 shares at a price of $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.

Shares of DTEA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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