DTEA News and Press, DAVIDsTEA Inc. From 09/06/22

Summary After leaving the restructuring process in 2021 with significant cash and no debt, management is now targeting low-double digits sales growth annually until the end of 2025. This rather ambitious guidance is backed by various initiatives to accelerate its omnichannel growt...

Gainers: FaZe Holdings  ( FAZE ) +13% . Amazon( AMZN ) +11% . TuanChe ( TC ) +11% . DAVIDsTEA  ( DTEA ) +10% . Ranpak Holdings ( PACK ) +10% . Losers: Holley ( HLLY ) -36% . Roku ( ROKU ) -25% ...

MONTRÉAL, July 19, 2022 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (Nasdaq:DTEA), a leading tea merchant in North America, is pleased to confirm their commitment to a more sustainable and ethical tea industry with the official opening of their new summer C.A.M.P. by DAVIDsTEA in collaboration ...

Aspired transformation into a "digital first tea merchant" hasn't played out as expected so far as the restructured company struggles with post-COVID customer buying patterns. Both sales and profitability metrics have trended in the wrong direction for four quarters in a row now. At t...

We continue our roundtable series with value stock coverage. Ten of our top contributors give their analysis and share one top idea. The series continues next week with everything from Commodities to Dividends, REITs, Tech, and Biotech coverage. For further details see: ...

Canadian tea brand celebrates new recognitions by Great Place to Work ® MONTREAL, June 23, 2022 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (Nasdaq:DTEA), a leading tea merchant in North America, announced that it has been named one of 2022’s Best Workplaces in Retail &am...

DAVIDs TEA press release (NASDAQ:DTEA): Q1 Non-GAAP EPS of -C$0.05. Revenue of C$20.44M (-12.1% Y/Y). Adjusted EBITDA amounts to C$0.1 million “With a solid cash position, we intend to continue investing in initiatives that stimulate demand as we create a clear path to sustained profit...

Sales reach $20.4 million Net loss totals $2.0 million Adjusted EBITDA amounts to $0.1 million Cash position of $22.7 million MONTREAL, June 14, 2022 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (Nasdaq: DTEA) (“DAVIDsTEA” or the “Company”), a leading t...

MONTRÉAL, June 13, 2022 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (Nasdaq:DTEA), a leading tea merchant in North America, is pleased to announce the launch of their most innovative collection of cold brew teas for summer 2022. Brand new blends and accessories are available at all 18 DAVID...

MONTREAL, June 09, 2022 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (Nasdaq:DTEA), a leading tea merchant in North America, is pleased to announce the launch of their new blend Manoomin Maple, in partnership with fellow tea company Tea Horse, now available at all 18 DAVIDsTEA flagship stores a...