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Bullboard - Stock Discussion Forum DAVIDsTEA Inc V.DTEA

Alternate Symbol(s):  DTEAF

Consumer Defensive Food Distribution
DAVIDsTEA Inc. is a Canada-based tea merchant that offers a specialty branded selection of loose-leaf teas, pre-packaged teas, tea sachets, tea-related accessories and gifts. The Company provides its products through its e-commerce platform at www.davidstea.com and the Amazon Marketplace, its wholesale customers, which include over 4,000 grocery stores and pharmacies in Canada and 170 grocery... see more

TSXV:DTEA - Post Discussion

DAVIDsTEA Inc > DTEA: Great results with big YoY improvements!
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Post by stockfy on Dec 17, 2024 9:06am

DTEA: Great results with big YoY improvements!

Among other positives, DTEA generated strong positive operating cash flow and strong positive free cash flow in Q3  2024, a big YoY improvement, given that its operating cash flow was negative in the prior year period.

As a result, its cash went up reaching almost C$8 million at the end of Q3 2024!

And Q4 is its strongest quarter when its sales usually almost double compared to Q3!

Importantly, irs debt remains zero!
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