DAVIDsTEA Inc. reiterated earnings guidance for the fourth quarter and full year 2015. The Company continues to expect fourth quarter sales to be in the range of CAD 70.0 million to CAD 72.0 million based on opening 10 new stores and assuming a comparable sales increase slightly above the mid-single digit range. Adjusted fully diluted income per common share, which excludes IPO-related costs and other one-time costs, is expected to be in the range of CAD 0.42 to CAD 0.44 per share.

For fiscal 2015, the Company continues to expect sales to be in the range of CAD 175.0 million to CAD 177.0 million based on opening 39 net new stores and assuming a comparable sales increase slightly above the mid-single digit range. Adjusted fully diluted income per common share, which excludes IPO-related and other one-time costs, is expected to be in the range of CAD 0.37 to CAD 0.39 per share.