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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 Dec 22, 2024 5:10am
78 Views
Post# 36374040

DAVIDsTEA (DTEA): Positive Outlook, More Stores, 400-500%

DAVIDsTEA (DTEA): Positive Outlook, More Stores, 400-500%Tea lovers know that DTEA's wide variety of premium teas stand out from the crowd combining innovative proprietary flavors with high quality. Those who buy mass brands such as LIPTON from the supermarket shelves have no clue about tea quality, because all teas are not created equal. 

So debt-free DTEA is going to open more brick and mortar stores in the next quarters, which will help it increase its revenue and profitability, based on these excerpts from Q3 2024:

"In September, we launched our 19th store at the prestigious Royalmount Mall followed by the opening of our 20th store at Montreal's Eaton Centre in November. These latest milestones highlight our commitment to the sensory in-store retail experience and strengthening of our presence in key markets. Our focus remains on delivering exceptional value, service, and innovation, ensuring we meet customers wherever they are. At the same time, we are steadfast in our intent to significantly expand our store footprint over the next three years and drive sustained, profitable growth, while reconnecting with many communities that already know us,” added Ms. Segal.

and this one:

"The Company is progressing toward positive earnings, which will strengthen its balance sheet, support working capital, and enable future investments."


Statistically speaking, the stocks with a successful turnaround strategy vastly outperform, so debt-free DTEA could deliver 400% and 500% by the end of 2025, given also that its current Enterprise Value at C$0.50 is almost ZERO. 


https://www.globenewswire.com/news-release/2024/12/17/2998093/0/en/DAVIDsTEA-Reports-Improved-Financial-Results-for-Third-Quarter-of-Fiscal-2024.html




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