Davids Tea Whacked by US Tariffs, De Minimis Changes in Q3 but Same-Store Sales in Canada Advance

Montreal-based Davids Tea reported 2.9% gain in same-store sales at its expanding range of Canadian retail stores in Q3 but got whacked by changes to US trade policy, resulting in 28.3% plunge in US sales. So topline fell 10.2% to $12.6 mil. Still, net loss narrowed to $641K from $1.6...
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Publishing Info

  • Year: 2025
  • Volume: 22
  • Issue #: 254
  • Issue Date: 12/17/2025