DAVIDsTEA announced fiscal 2025 sales of $61 million, supported by a 6.8% growth in comparable store sales and a strong retail store-led omnichannel strategy. The company achieved a net income of $2.9 million, a $6.1 million improvement from the previous year, and nearly doubled its adjusted EBITDA to $7.6 million. Despite challenges in U.S. sales due to trade tensions and tariffs, the company is expanding its store footprint in Canada and improving U.S. fulfillment to drive future growth. Management is confident in sustained profitability and plans to open more stores in fiscal 2026 to capitalize on wellness trends and premium tea demand.
The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Solana (SOL) has gained about 30% from its June low, trading around $78 and surpassing its 50-day EMA. The token's upward momentum is supported by increased speculative trading and a new SuperTrend buy signal, the first since October 2025. However, i...
Kenmare Resources reported weaker-than-expected production in the first half of 2026 due to commissioning delays at its Wet Concentrator Plant A, with ilmenite output down 40% year on year in Q2. Despite this, shipments increased by 53% as the compan...
Ramsdens Holdings PLC shares rose 13.6% to 670p following an improved takeover offer from US pawnbroking group FirstCash. FirstCash increased its cash bid to 675p per share from 600p, raising the total offer value to up to £232 million, including div...
