DAVIDsTEA Inc. reported earnings results for the fourth quarter and full year ended February 03, 2024. For the fourth quarter, the company reported sales was CAD 24.35 million compared to CAD 31.36 million a year ago. Net loss was CAD 3.86 million compared to CAD 3.34 million a year ago. Diluted loss per share from continuing operations was CAD 0.14 compared to CAD 0.12 a year ago.
For the full year, sales was CAD 60.64 million compared to CAD 83.03 million a year ago. Net loss was CAD 13.83 million compared to CAD 14.87 million a year ago. Basic loss per share from continuing operations was CAD 0.52 compared to CAD 0.56 a year ago. Diluted loss per share from continuing operations was CAD 0.52 compared to CAD 0.56 a year ago.