DAVIDsTEA Inc. (DTEA)
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DESCRIPTION
DAVIDsTEA Inc. operates as a specialty tea retailer in Canada and the United States. It offers loose-leaf teas, pre-packaged teas, tea sachets, and tea-related gifts; tea accessories, including tea mugs, travel mugs, teacup sets, teapots, tea makers, kettles, infusers, filters, frothers, tins, and spoons; and food and beverages. As of April 29, 2022, it operated through 18 company-owned stores. The company also provides its products its e-commerce platform, davidstea.com; and distributes products through 3,500 grocery stores and pharmacies. DAVIDsTEA Inc. was incorporated in 2008 and is headquartered in Mount Royal, Canada.
NEWS

DavidsTea: Turnaround Story With Significant Upside - Buy (Rating Upgrade)
seekingalpha.com
2025-01-03 04:37:37Following years of sales declines and outsized losses, Canadian tea retailer and merchant DAVIDsTEA has regained its footing in recent quarters. The company's Q3/FY2024 results showed strong sales and margin improvements, thus resulting in meaningful cash flow from operations. In addition, the recent transition to a new IT platform will result in annual cost savings of $4 million.

DAVIDsTEA Inc. (DTEAF) Q2 2024 Earnings Call Transcript
seekingalpha.com
2024-09-17 09:32:05DAVIDsTEA Inc. (OTCPK:DTEAF) Q2 2024 Earnings Conference Call September 17, 2024 8:30 AM ET Company Participants Sarah Segal - CEO and Chief Brand Officer Frank Zitella - President, Chief Financial and Operating Officer Operator Good morning, ladies and gentlemen. Welcome to DAVIDsTEA's Second Quarter Results Webcast for Fiscal 2024.

DAVIDsTEA Reports Financial Results for First Quarter of Fiscal 2024
globenewswire.com
2024-06-18 07:00:00MONTREAL, June 18, 2024 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (TSX-Venture: DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, announced today its first quarter results for the period ended May 4, 2024.

DAVIDsTEA Enters Ready-to-Drink Market with Cold Brew Iced Tea
globenewswire.com
2024-06-13 07:00:00MONTRÉAL, June 13, 2024 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (TSXV:DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, announced today the launch of its all-new, ready-to-drink (RTD) cold brew sparkling iced tea beverages, now available in three unique flavours at all DAVIDsTEA flagship stores across Canada and online at davidstea.com.

DAVIDsTEA Reaches Goal of 2 Million Free Cups of Tea with Free Tea for Nurses
globenewswire.com
2024-05-06 17:01:00The Company celebrates National Nurses Day through ongoing support and donations in support of healthcare workers in communities across Canada The Company celebrates National Nurses Day through ongoing support and donations in support of healthcare workers in communities across Canada

DAVIDsTEA Reports Fourth Quarter and Full Year Fiscal 2023 Financial Results
globenewswire.com
2024-05-02 07:00:00Fiscal 2023 Sales of $60.6 million Net loss of $13.8 million Adjusted EBITDA of negative $5.4 million Cash position of $12.6 million Company enters into non-binding term sheet for revolving line of credit of up to $12.0 million Q4 Fiscal 2023 Sales of $24.4 million Net loss of $3.9 million Adjusted EBITDA of $0.5 million MONTREAL, May 02, 2024 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (TSX-Venture: DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, announced today its fourth quarter and full-year results for the period ended February 3, 2024 (“Fiscal 2023”). “Fiscal 2023 was a challenging year as our online business didn't perform as well as other channels,” said Sarah Segal, Chief Executive Officer and Chief Brand Officer, DAVIDsTEA.

DAVIDsTEA Deepens Sustainability Commitment and Introduces New Compostable Packaging
globenewswire.com
2024-04-22 07:00:00The brand's Garden to Cup tea collection is re-imagined with earth in mind featuring new compostable loose leaf tea packaging

DAVIDsTEA Launches “Tea-2-Go” at over 1,500 Couche-Tard/Circle K Stores Across Canada
globenewswire.com
2024-03-19 07:30:00Secures exclusive supplier agreement with global retailer of fuel and convenience goods Secures exclusive supplier agreement with global retailer of fuel and convenience goods

DAVIDsTEA, Inc. (DTEA) Q4 2023 Earnings Call Transcript
seekingalpha.com
2023-12-12 09:17:08DAVIDsTEA, Inc. (DTEA) Q4 2023 Earnings Conference Call December 12, 2023 4:30 PM ET Company Participants Sarah Segal - CEO and Chief Brand Officer Frank Zitella - President, CFO and COO Conference Call Participants Operator Good morning, ladies and gentlemen. Welcome to DAVIDsTEA's Third Quarter Earnings Webcast for fiscal 2023.

DAVIDsTEA Reports Financial Results for Third Quarter of Fiscal 2023
globenewswire.com
2023-12-12 07:00:00MONTREAL, Dec. 12, 2023 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (TSX-Venture: DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, announced today its third quarter results for the period ended October 28, 2023.

DAVIDsTEA Appoints Chief Digital Officer to Drive Online Sales
globenewswire.com
2023-12-06 07:00:00MONTREAL, Dec. 06, 2023 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (TSX-Venture: DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, announced today the appointment of Damon Sloane as Chief Digital Officer to drive online sales and enhance overall customer experience.

DAVIDsTEA Expands Tea Footprint in Canadian Wholesale Market
globenewswire.com
2023-12-05 07:00:00Launches series of go-to-market initiatives with new and existing partners Launches series of go-to-market initiatives with new and existing partners

Meet DAVIDsTEA Founder's New Venture: A Design-Forward Loose Leaf Tea Brand That Stokes The Fire In Your Belly
forbes.com
2023-11-24 08:31:00Firebelly is a premium loose leaf tea and steepware brand that elevates the drinking experience with better health benefits and mobility.

DAVIDsTEA Hires Vice-President of Marketing
globenewswire.com
2023-11-22 07:00:00MONTREAL, Nov. 22, 2023 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (TSX-Venture: DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, announced today the hiring of Adriana Germilli as Vice-President of Marketing to stimulate demand creation and accelerate sales growth.

DAVIDsTEA Expands Wholesale Channel into U.S.
globenewswire.com
2023-11-20 07:00:00MONTREAL, Nov. 20, 2023 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (TSX-Venture: DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, announced today its initial expansion into the U.S. wholesale market. DAVIDsTEA recently launched four flavours of premium tea sachets at 150 Stop & Shop supermarket stores of the 400-plus locations in the northeastern U.S. This regional chain of grocery stores operates throughout Massachusetts, Connecticut, Rhode Island, New York and New Jersey.

DAVIDsTEA Reports Financial Results for Second Quarter of Fiscal 2023
globenewswire.com
2023-09-12 07:30:00MONTREAL, Sept. 12, 2023 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (TSX-Venture: DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, announced today its second quarter results for the period ended July 29, 2023.
No data to display

DavidsTea: Turnaround Story With Significant Upside - Buy (Rating Upgrade)
seekingalpha.com
2025-01-03 04:37:37Following years of sales declines and outsized losses, Canadian tea retailer and merchant DAVIDsTEA has regained its footing in recent quarters. The company's Q3/FY2024 results showed strong sales and margin improvements, thus resulting in meaningful cash flow from operations. In addition, the recent transition to a new IT platform will result in annual cost savings of $4 million.

DAVIDsTEA Inc. (DTEAF) Q2 2024 Earnings Call Transcript
seekingalpha.com
2024-09-17 09:32:05DAVIDsTEA Inc. (OTCPK:DTEAF) Q2 2024 Earnings Conference Call September 17, 2024 8:30 AM ET Company Participants Sarah Segal - CEO and Chief Brand Officer Frank Zitella - President, Chief Financial and Operating Officer Operator Good morning, ladies and gentlemen. Welcome to DAVIDsTEA's Second Quarter Results Webcast for Fiscal 2024.

DAVIDsTEA Reports Financial Results for First Quarter of Fiscal 2024
globenewswire.com
2024-06-18 07:00:00MONTREAL, June 18, 2024 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (TSX-Venture: DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, announced today its first quarter results for the period ended May 4, 2024.

DAVIDsTEA Enters Ready-to-Drink Market with Cold Brew Iced Tea
globenewswire.com
2024-06-13 07:00:00MONTRÉAL, June 13, 2024 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (TSXV:DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, announced today the launch of its all-new, ready-to-drink (RTD) cold brew sparkling iced tea beverages, now available in three unique flavours at all DAVIDsTEA flagship stores across Canada and online at davidstea.com.

DAVIDsTEA Reaches Goal of 2 Million Free Cups of Tea with Free Tea for Nurses
globenewswire.com
2024-05-06 17:01:00The Company celebrates National Nurses Day through ongoing support and donations in support of healthcare workers in communities across Canada The Company celebrates National Nurses Day through ongoing support and donations in support of healthcare workers in communities across Canada

DAVIDsTEA Reports Fourth Quarter and Full Year Fiscal 2023 Financial Results
globenewswire.com
2024-05-02 07:00:00Fiscal 2023 Sales of $60.6 million Net loss of $13.8 million Adjusted EBITDA of negative $5.4 million Cash position of $12.6 million Company enters into non-binding term sheet for revolving line of credit of up to $12.0 million Q4 Fiscal 2023 Sales of $24.4 million Net loss of $3.9 million Adjusted EBITDA of $0.5 million MONTREAL, May 02, 2024 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (TSX-Venture: DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, announced today its fourth quarter and full-year results for the period ended February 3, 2024 (“Fiscal 2023”). “Fiscal 2023 was a challenging year as our online business didn't perform as well as other channels,” said Sarah Segal, Chief Executive Officer and Chief Brand Officer, DAVIDsTEA.

DAVIDsTEA Deepens Sustainability Commitment and Introduces New Compostable Packaging
globenewswire.com
2024-04-22 07:00:00The brand's Garden to Cup tea collection is re-imagined with earth in mind featuring new compostable loose leaf tea packaging

DAVIDsTEA Launches “Tea-2-Go” at over 1,500 Couche-Tard/Circle K Stores Across Canada
globenewswire.com
2024-03-19 07:30:00Secures exclusive supplier agreement with global retailer of fuel and convenience goods Secures exclusive supplier agreement with global retailer of fuel and convenience goods

DAVIDsTEA, Inc. (DTEA) Q4 2023 Earnings Call Transcript
seekingalpha.com
2023-12-12 09:17:08DAVIDsTEA, Inc. (DTEA) Q4 2023 Earnings Conference Call December 12, 2023 4:30 PM ET Company Participants Sarah Segal - CEO and Chief Brand Officer Frank Zitella - President, CFO and COO Conference Call Participants Operator Good morning, ladies and gentlemen. Welcome to DAVIDsTEA's Third Quarter Earnings Webcast for fiscal 2023.

DAVIDsTEA Reports Financial Results for Third Quarter of Fiscal 2023
globenewswire.com
2023-12-12 07:00:00MONTREAL, Dec. 12, 2023 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (TSX-Venture: DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, announced today its third quarter results for the period ended October 28, 2023.

DAVIDsTEA Appoints Chief Digital Officer to Drive Online Sales
globenewswire.com
2023-12-06 07:00:00MONTREAL, Dec. 06, 2023 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (TSX-Venture: DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, announced today the appointment of Damon Sloane as Chief Digital Officer to drive online sales and enhance overall customer experience.

DAVIDsTEA Expands Tea Footprint in Canadian Wholesale Market
globenewswire.com
2023-12-05 07:00:00Launches series of go-to-market initiatives with new and existing partners Launches series of go-to-market initiatives with new and existing partners

Meet DAVIDsTEA Founder's New Venture: A Design-Forward Loose Leaf Tea Brand That Stokes The Fire In Your Belly
forbes.com
2023-11-24 08:31:00Firebelly is a premium loose leaf tea and steepware brand that elevates the drinking experience with better health benefits and mobility.

DAVIDsTEA Hires Vice-President of Marketing
globenewswire.com
2023-11-22 07:00:00MONTREAL, Nov. 22, 2023 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (TSX-Venture: DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, announced today the hiring of Adriana Germilli as Vice-President of Marketing to stimulate demand creation and accelerate sales growth.

DAVIDsTEA Expands Wholesale Channel into U.S.
globenewswire.com
2023-11-20 07:00:00MONTREAL, Nov. 20, 2023 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (TSX-Venture: DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, announced today its initial expansion into the U.S. wholesale market. DAVIDsTEA recently launched four flavours of premium tea sachets at 150 Stop & Shop supermarket stores of the 400-plus locations in the northeastern U.S. This regional chain of grocery stores operates throughout Massachusetts, Connecticut, Rhode Island, New York and New Jersey.

DAVIDsTEA Reports Financial Results for Second Quarter of Fiscal 2023
globenewswire.com
2023-09-12 07:30:00MONTREAL, Sept. 12, 2023 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (TSX-Venture: DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, announced today its second quarter results for the period ended July 29, 2023.