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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 (&...
Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week or the Seeking Alpha earnings calendar for companies due to report. Mond...
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...
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- DAVIDsTEA to cease trading on Nasdaq at the close of market on Friday, April 14, 2023 - DAVIDsTEA to continue trading on the TSX Venture Exchange MONTREAL, April 13, 2023 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (Nasdaq: DTEA) (“DAVIDsTEA” or the “Company...
- Trading on the TSX Venture Exchange to start on April 3, 2023 - DAVIDsTEA to delist from Nasdaq at the close of markets on April 14, 2023 MONTREAL, March 27, 2023 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (Nasdaq: DTEA) (“DAVIDsTEA” or the “Company”...
MONTREAL, Feb. 02, 2023 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (Nasdaq: DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, provided preliminary sales results for its fourth quarter ended January 28, 2023, and announced a plan to adjust its cost ...