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DTEA News and Press, DAVIDsTEA Inc. From 12/17/20

Stock Information

Company Name: DAVIDsTEA Inc.
Stock Symbol: DTEA
Market: NASDAQ
Website: davidstea.com

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DTEA - DavidsTea: Rally Likely To Continue With Major Catalysts Ahead - Buy On Setbacks

Discussing strong quarterly report. Transformation efforts appear to go well as the company delivered a second consecutive quarter of positive adjusted EBITDA. Court recently extended the stay of all proceedings against the company to March 19, 2021 under the Canadian Companies’...

DTEA - Drive Shack and Airbnb among consumer gainers; iQIYI leads losers

Gainers: Drive Shack (DS) +19%. Airbnb (ABNB) +11%. Good Times Restaurants (GTIM) +11%. DAVIDsTEA (DTEA) +12%. American Outdoor Brands (AOUT) +9%.Losers: iQIYI (IQ) -15%. Xcel Brands (XELB) -14%. DISH Network (DISH) -8%. Aspen Group (ASPU) -7%. Lordstown Motors (RIDE) -6%. For fur...

DTEA - DAVIDsTEA jumps after Q3 results; appoints Sarah Segal as CEO

DAVIDsTEA (DTEA) reports Q3 sales of $26.23M (-33.6% Y/Y), as the company temporarily closed all its retails stores in Canada and the U.S. amid the pandemic.Q3 e-commerce and wholesale sales rose 145.5% Y/Y to $22.1M.Gross profit of $10.8M vs. $21.35M year-ago.Income from operating activities...

DTEA - APHA, TLRY among premarket gainers

Sio Gene Therapies (SIOX) +42% on positive AXO-AAV-GM1 data in nerve cell disorder.Good Times Restaurants (GTIM) +27% on Q4 results.Tilray (TLRY) +27% as company to combine with Aphria to create largest global cannabis company.DAVIDsTEA (DTEA) +25% on Q3 results.NeuBa...

DTEA - APHA, TLRY, IQ and DISH among after-hours movers

Gainers: [[SIOX]] +44%. [[TLRY]] +19.7%. [[APHA]] +13.7%. [[TRIT]] +11%.  [[DTEA]] +10.5%.Losers: [[CCM]] -15%. [[IQ]] -8.3%. [[PEN]] -6.5%. [[DISH]] -5.2%. [[MNR]] -3%. For further details see: APHA, TLRY, IQ and DISH among after-hours movers

DTEA - DAVIDsTEA Announces Third Quarter Fiscal 2020 Earnings Webcast

MONTREAL, Dec. 14, 2020 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (Nasdaq:DTEA) today announced that its financial results for the third quarter of Fiscal 2020 will be released after market close on December 15, 2020. The Company will host a webcast at 5:00 p.m. Eastern Time to discuss the fin...

DTEA - BB, MRNA, LI and LYG among premarket gainers

Corbus Pharmaceuticals Holdings (CRBP) +34%.China Automotive Systems (CAAS) +26%.Mogo (MOGO) +9% after reporting Bitcoin transaction volume for November.Dunxin Financial Holdings (DXF)+20% on signing agreement with Baite Biological Group.HEXO (HEXO) +19%.Neptune Wellness Soluti...

DTEA - Tea Consumption is on the Rise as a Younger Demographic Looks for Functionality

FinancialBuzz.com News Commentary New York, NY (9/23/2020) – The global beverage market can be segmented into non-alcoholic and alcoholic categories. The non-alcoholic beverage market includes products such as soft drinks (soda), fruit juices, syrup, caffeinated drinks, sports dr...

DTEA - TSLA, GMAB among premarket losers

AC Immune SA (ACIU) -43% as semorinemab flunks Alzheimer's study.Wave Life Sciences (WVE) -31% after pricing equity offering.Aurora Cannabis (ACB) -17% on soft revenue outlook.NanoVibronix (NAOV) -17% after increasing the size of the previous publi...

DTEA - DAVIDsTEA rallies 36% post Q2 results

DAVIDsTEA (DTEA) reported Q2 revenue decrease of 41.2% Y/Y to C$23M due to the COVID-19 pandemic.Sales from e-commerce and wholesale channels increased by 189.9% Y/Y to C$23M.E-commerce and wholesale sales represented 100% of sales compared to 20.2% of sales in the prior year quarte...

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