Sep 22, 2026 earnings call — Store expansion and margin improvement
DAVIDsTEA reported gross margin expanded 320 basis points to a record 61.9% in Q2.
Revenue $0.0B · EPS $-0.02
Key quotes
"Each new location requires an investment of approximately CAD 450,000, and the payback period ranges between 15 and 18 months."
"This improvement reflects lower unitized freight and inbound shipping costs, as well as the benefits of our internalized fulfillment model."
"First, we offer the broadest loose leaf tea collection in the specialty tea market, with over 200 proprietary blends along with single-origin and organic teas."