DAVIDsTEA Inc. reported earnings results for the full year ended January 28, 2023. For the full year, the company reported sales was CAD 83.03 million compared to CAD 104.07 million a year ago. Net loss was CAD 14.87 million compared to net income of CAD 78.13 million a year ago.

Basic loss per share from continuing operations was CAD 0.56 compared to basic earnings per share from continuing operations of CAD 2.97 a year ago. Diluted loss per share from continuing operations was CAD 0.56 compared to diluted earnings per share from continuing operations of CAD 2.83 a year ago.