DTEA News and Press, DAVIDsTEA Inc. From 06/17/21

MONTREAL, June 17, 2021 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (Nasdaq:DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, is pleased to announce that it has obtained an order (the “Recognition Order”) from the United ...

MONTREAL, June 16, 2021 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (Nasdaq:DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, is pleased to announce that it today obtained a sanction order (the “Sanction Order”) from the Qu&...

DAVIDsTEA has been hard at work, transforming from a brick and mortar retailer to a profitable, capital-light e-commerce business. With their restructuring plan approved by creditors and business transformed, DAVIDsTEA is set to reward investors. Despite the recent run-up in the s...

DAVIDsTEA, Inc. (DTEA) Q1 2021 Earnings Conference Call June 15, 2021, 04:30 PM ET Company Participants Herschel Segal - CEO Frank Zitella - President, COO & CFO Conference Call Participants Presentation Operator Good afternoon, ladies and gentlemen. Welcome to DAVIDsTEA's First Quarter 2...

Revenues of $23.2 million, with continued increase in online and wholesale channels of $2.9 million and 17.2% to $19.9 million for the quarter Adjusted EBITDA of $2.5 million Cash of $31.3 million as at May 1, 2021 Plan of Arrangement approved by creditors on June 11, 2021 and...

With Friday’s final approval of the proposed plan of arrangement by its creditors, DavidsTea completed its long-awaited last major milestone to exit the one-year lasting restructuring proceedings. Upon payment of the amicable settlement amount of C$18 million, all creditors' cl...

MONTREAL, June 11, 2021 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (Nasdaq:DTEA) today announced that its financial results for the first quarter of Fiscal 2021 will be released after markets close on June 15, 2021. The Company will host a webcast at 4:30 p.m. Eastern Time to discuss the financ...

MONTREAL, June 11, 2021 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (Nasdaq:DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, is pleased to announce that its Plan of Arrangement under the Companies’ Creditors Arrangement Act (&...

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MONTREAL, May 07, 2021 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (Nasdaq:DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, announces that it today obtained an order from the Québec Superior Court authorizing the Company to file its...