Post by
stockfy on Aug 14, 2020 12:30pm
DTEA with Loblaw: ATD, MRU, DOL could be next?
Debt-free Davidstea (DTEA) made a great deal with Loblaw last year and its tea is sold now in more than 2,500 grocery and drug stores. Therefore, a deal with Alimentation (ATD) or Metro (MRU) or Dollarama (DOL) or other grocery and drugstore chains could be next. If debt-free DTEA makes a deal with just one of these firms, it will significantly increase its revenue for its wholesale segment.
And then once the ongoing restructuring is done, DTEA will be sold because the CEO and biggest shareholder is 88 years old.
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