Post by
stockfy on Jan 24, 2021 4:17am
Deals: FOOD and dirt-cheap DAVIDsTEA (DTEA) ?
Hopefully, FOOD will make a deal with DAVIDsTEA (DTEA) and include it in its offerings to the consumers. Because people want to drink high quality tea after their meal or lunch while DTEA has a strong brand image and is considered to be the TESLA of TEA thanks to its high quality tea. DTEA is not low-quality Lipton or Twinings.
DAVIDsTEA was also named #1 Canadian Specialty Store in Leger Marketing's #COOL study, asking both Millennials and Gen Z what companies they love and appreciate most, facts below:
https://ir.davidstea.com/news-releases/news-release-details/davidstea-was-named-1-canadian-specialty-store-leger-marketings
From a valuation standpoint, debt-free and profitable DTEA is dirt-cheap now at about $3 per share because it currently trades less than 1 times its revenue while all the other online retailers trade from 3 to 10 times their revenue such as CHWY, FTCH, W, CVNA, SFIX, RVLV, ETSY etc.