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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 08, 2024 4:51am
82 Views
Post# 36257294

DTEA: Disappointing September 2024 website traffic

DTEA: Disappointing September 2024 website traffic DTEA's monthly website traffic was out yesterday and according to similarweb, DTEA's website traffic in September 2024 was very disappointing with only 465,000 visitors, up only 10% compared to 425,000 visitors in August 2024.

Based on these numbers for Aug and Sep, DTEA's online sales in Q3 (Aug, Sep, Oct) will be flat compared to Q2, which will result in losses and cash burn for another quarter in a row.

DTEA must improve its marketing strategy and increase its website traffic, if it wants to significantly increase its revenue from the e-shop and become profitable. 


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