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DAVIDsTEA Inc V.DTEA

Alternate Symbol(s):  DTEAF

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.


TSXV:DTEA - Post by User

Post by stockfyon Oct 05, 2023 12:08pm
110 Views
Post# 35671223

DTEA: Website traffic in Sep goes up 25% sequentially

DTEA: Website traffic in Sep goes up 25% sequentiallyGood 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 similarweb below:


https://www.similarweb.com/website/davidstea.com/#traffic


I believe the uptrend will continue and DTEA's website traffic in October will go up another 20% or 30% compared to September. We will know it in early November.

So it's obvious that DTEA's website in Q3 (August, Sep, Oct) will be much higher than it was in Q2, which means much higher online Revenue.

For comparison, the peers stayed flat sequentially for another month in a row, according to similarweb.

When it comes to tea, truth is that DTEA has the most innovative flavors and the most delicious tea blends that you cannot find in other tea brands, see below:

https://www.davidstea.com/us_en/home/



Meawnhile, Lipton is for the masses and the quality of its mass-produced tea is very low.


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