DavidsTea Q2 FY26 net loss narrows to C$1.22 million; sales rise 3.3% to C$11.5 million
Bitget2026/09/22 11:04- DavidsTea posted Q2 fiscal 2026 sales up 3.3% to CAD 11.5 million from a year earlier.
- Gross margin rose 320 basis points to 61.9%, while net loss narrowed to CAD 1.2 million.
- Retail store sales climbed 9.6% to CAD 5 million, while wholesale sales fell 8.8% to CAD 1.33 million.
- Cash totaled CAD 10.2 million at quarter-end, and free cash flow was CAD 629,000.
- Management cited lower unitized freight and inbound shipping costs, plus its internalized fulfillment model, for the margin gain.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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