DAVIDsTEA Inc. (DTEAF) Earnings Call Transcripts

DAVIDsTEA Inc.'s Latest Earnings Call - June 16, 2026

In Q1 2026, DAVIDsTEA Inc. reported revenue of $13 million and net income of $0.1 million, marking a $0.3 million increase year-over-year. The company maintained a gross margin of 59.7% and expanded its adjusted EBITDA margin to 12.5%. Management highlighted a strategic shift towards a retail-focused omnichannel model, with plans to open four new stores in Canada in 2026. Guidance indicates a focus on sustaining profitability and expanding the store footprint, despite challenges in online sales due to U.S.-Canada trade tensions.

Reported metrics

Guidance from management

Management plans to open four new stores in Canada in 2026 and expects U.S. sales to recover due to the new fulfillment center. The focus remains on sustaining profitability.

What management said

I declare the nominations closed. We will vote by ballot in order for to be accurately compiled. Frank Zitella has already signed and submitted a ballot tides capacity as proxy holder as did other proxy holders. As all ballots have been submitted and tabulated, I now call upon the scrutineer to present the results of the vote on the election of directors.

Thank you. Based on those results, I declare that the 5 nominees have been elected as Directors of DAVIDsTEA Inc. to hold office until the next Annual Meeting of Shareholders or until their successors are like or appointed. David, Steve will issue a press release announcing the results shortly after this meeting. The next item of business is the appointment of an auditor. I ask Frank Zitella to present this motion.

What analysts pressed on

Analysts are concerned about the decline in online sales due to trade tensions and the potential impact on future revenue growth. Questions were raised about the effectiveness of the new U.S. fulfillment center in mitigating these issues.

Main topics on the call

• Return to Profitability — DAVIDsTEA achieved net income of $2.9 million in fiscal 2025, driven by a leaner cost structure and stronger margins. Management stated, 'Fiscal 2025 reflects a fundamental reset in our business with a return to profitab...
• Retail Expansion — The company plans to open four new stores in Canada in 2026, aiming to increase the store count to 25 by year-end. Management emphasized, 'Retail is the growth engine of our omnichannel strategy.'
• Online Sales Decline — Online sales decreased by 7.6% in 2025 due to U.S.-Canada trade tensions. Management noted, 'The resulting customs friction created significant delays and a diminished consumer experience.'
• U.S. Market Strategy — A new fulfillment center in Chicago was established to improve U.S. service levels. Management anticipates, 'U.S. sales will recover in fiscal 2026.'

Read the full DAVIDsTEA Inc. transcript (June 16, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 26 DAVIDsTEA Inc. earnings call transcripts on record, spanning June 15, 2020 to June 16, 2026. Based on this history, DAVIDsTEA Inc. reports quarterly. The most recent call on file is dated June 16, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

DTEAF

Exchange

OTCPK

Country

US

Sector

Consumer Discretionary

Industry

Specialty Retail

Calls on record

26

First call

June 15, 2020

Most recent

June 16, 2026

Reporting cadence

quarterly