DTEA News and Press, DAVIDsTEA Inc. From 12/15/22

Celebrate the season with festive and unique Glitter Matcha, Gingerbread Matcha and Orange Spice Matcha MONTREAL, Dec. 15, 2022 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (Nasdaq:DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, is pleased to...

Sales totaled $16.2 million Net loss of $4.7 million Adjusted EBITDA amounted to negative $2.0 million Cash position of $16.1 million MONTREAL, Dec. 13, 2022 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (Nasdaq: DTEA) (“DAVIDsTEA” or the “Company”), a leading t...

In addition to supporting local communities through tea, DAVIDsTEA invites customers to shop with purpose this Giving Week with every transaction supporting the brand’s Impact Fund MONTREAL, Nov. 29, 2022 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (Nasdaq:DTEA) (“DAVIDsTEA...

MONTRÉAL, Nov. 17, 2022 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (Nasdaq:DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, is pleased to announce that after a thorough and independent analysis, the Company has, for the second year, bee...

Tea merchant DAVIDsTEA ( NASDAQ: DTEA ) is launching an accelerated wholesale strategy. The company had unveiled a new tea sachet format in September throughout its wholesale channel to support growth. DTEA shares were trading +3.51% pre-market. Source: ...

MONTREAL, Oct. 13, 2022 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (Nasdaq: DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, announced today an accelerated wholesale strategy, highlighted by an increased footprint within its store-in-store c...

DAVIDsTEA, Inc. (DTEA) Q2 2022 Earnings Conference Call September 13, 2022, 04:30 PM ET Company Participants Sarah Segal - CEO and Chief Brand Officer Frank Zitella - President, CFO & COO Conference Call Participants Presentation Operator ...

DAVIDs TEA press release ( NASDAQ: DTEA ): Q2 Non-GAAP EPS of -C$0.13. Revenue of C$15.23M (-18.7% Y/Y). Adjusted EBITDA amounted to a loss of C$2.1 million Cash position of C$19.0 million and new, unused C$15.0 million revolving credit facility. As at July 30,...

Sales totaled $15.2 million Net loss of $4.8 million Adjusted EBITDA amounted to a loss of $2.1 million Cash position of $19.0 million and new, unused $15.0 million revolving credit facility MONTREAL, Sept. 13, 2022 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (Nasdaq: DTEA) (...

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...