Company News

BRIEF-DAVIDsTEA reports second quarter 2017 financial results

Sept 8 (Reuters) - DAVIDsTEA Inc

* DAVIDsTEA Inc announces second quarter fiscal 2017 financial results

* Q2 same store sales fell 0.9 percent

* Q2 sales C$45.7 million versus I/B/E/S view C$44.3 million

* DAVIDsTEA Inc - impairment charge of C$2.3 million incurred in Q2 due to underperforming U.S. stores

* DAVIDsTEA Inc sees fy capex for year will be approximately C$15 to $18 million

* Qtrly comparable sales decreased by 0.9 pct

* DAVIDsTEA Inc - qtrly fully diluted loss per common share was C$ 0.22

* DAVIDsTEA Inc - qtrly adjusted fully diluted loss per common share, a non-IFRS measure, was C$0.16

* Q2 earnings per share view C$-0.16 -- Thomson Reuters I/B/E/S Source text for Eikon: Further company coverage: