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Bullboard - Stock Discussion Forum
DAVIDsTEA Inc
V.DTEA
Alternate Symbol(s):
DTEAF
Consumer Defensive
Food Distribution
DAVIDsTEA Inc. is a Canada-based tea merchant that offers a specialty branded selection of loose-leaf teas, pre-packaged teas, tea sachets, tea-related accessories and gifts. The Company provides its products through its e-commerce platform at www.davidstea.com and the Amazon Marketplace, its wholesale customers, which include over 4,000 grocery stores and pharmacies in Canada and 170 grocery...
stores in the United States, as well as 18 Company-owned stores across Canada. It offers primarily proprietary tea blends, as well as traditional single-origin teas and herbs. Its segments include Canada and the U.S. It provides various types of tea, including herbal tea, green, black, white, matcha, rooibos, oolong, Pu'erh and mate. Its tea-related accessories include teapots, teacups, large cups and cups Nordic, travel cups and cups, infusers and other accessories. It offers voted back teas, cold brew teas, iced teas, mocktail teas, tea for kids, garden to cup teas and organic teas.
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Bullboard (TSXV:DTEA)
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on Dec 12, 2023 8:35am
DTEA: Zero debt and $20 million in cash at the end of Q4
The cost containment plan of 2023 works and SG&A have dropped a lot compared to prior year. So DTEA has almost $12 million in cash at the end of Q3 and the weak quarters are behind us. DTEA will
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on Dec 12, 2023 7:00am
New Press Release - DAVIDsTEA Reports Financial Results for Third Quarter of Fiscal 2023
Sales of $12.1 million compared to $16.2 million in third quarter of 2022SG&A expenses managed downwards 19.3% year-over-year to $8.3 millionNet loss amounted to $3.7 million compared to $4.7 million in third quarter of 2022Cash and working capital positions totaled $11.7 million and $20.1...
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on Dec 07, 2023 11:12am
DTEA: Website traffic in NOV up 40% reaching 1.1 million
Data is out and DTEA's website traffic in November went up 40% compared to October reaching 1.1 million visitors: https://www.similarweb.com/website/davidstea.com/#traffic
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on Dec 06, 2023 12:01pm
New Press Release - DAVIDsTEA Reaching Donation Goal: Two Million Cups
MONTREAL, Dec. 6, 2023 /CNW/ - DAVIDsTEA Inc. (TSXV: DTEA) ("DAVIDsTEA" or the "Company"), a leading tea merchant in North America, announced today the Company is increasing its donation program efforts for the third consecutive year. Starting December 2023, DAVIDsTEA's community of customers...
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on Dec 06, 2023 7:00am
New Press Release - DAVIDsTEA Appoints Chief Digital Officer to Drive Online Sales
MONTREAL, 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. Mr...
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on Dec 05, 2023 11:16am
DTEA Expands, Popular Coffee Replcmnt Tea Vanilla Cappuccino
Another growth initiative was out today for this premium tea brand with the innovative unique flavors that do not exist in the other tea brands: The Company recently introduced six tea sachet
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on Nov 22, 2023 9:18am
DAVIDsTEA Hires Vice-President of Marketing
It's clear that DTEA is committed to increasing its revenue, so good news again today for this premium tea brand with the unique and innovative tea blends that do not exist in the other tea brands
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on Nov 20, 2023 8:36am
DTEA: Further expansion in the U.S. and major deal with UNFI
Expansion in the U.S. continues for DTEA, so based on today's news: 1) DTEA recently launched four flavours of premium tea sachets at 150 Stop & Shop supermarket stores of the 400-plus
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on Nov 08, 2023 8:00am
DTEA: Seasonal business, Q4 is the strongest Q, Negative EV
DTEA's tea business is highly seasonal with Q2 being the slowest quarter due to warm weather and Q4 (November, December, January) being the company's strongest and most profitable quarter due
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on Nov 07, 2023 7:34am
DTEA's website traffic goes up 25% in October sequentially
Good news continues for DAVIDsTEA (DTEA). Its website traffic in October went up another 25% sequentially after the 25% sequential increase in September and the 150% sequential increase in August. So
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on Oct 24, 2023 10:42am
DTEA Furthers Expands In The U.S. Thru Maman Bakery-Cafes
https://ir.davidstea.com/news-releases/news-release-details/davidstea-and-maman-team-perfect-fall-collab-and-delectable Maman opened its doors in Soho, NYC in October 2014. Quickly embraced by New
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on Oct 05, 2023 12:08pm
DTEA: Website traffic in Sep goes up 25% sequentially
Good news continues for DAVIDsTEA (DTEA). Its website traffic in September went up 25% sequentially after the 150% increase in August and hit about 645,000 visits, according to the latest data from
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on Sep 19, 2023 2:46pm
DTEA: Website traffic goes up 150% in August sequentially
DTEA's business is highly seasonal and Q2 is the slowest quarter, so the worst is behind us. Here is the good news. According to similarweb below, DTEA's website traffic went up
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on Jun 14, 2023 8:32am
DAVIDsTEA (DTEA) expands the Tea Bar concept in Canada
DTEA expands the Tea Bar concept. Today's news is the national rollout. DTEA has 18 stores across Canada and will create Tea Bars in 6-7 of them by year end: DAVIDsTEA Expands The Tea Bar Concept
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