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corporate profile

DAVIDsTEA is a fast-growing branded beverage company, offering a differentiated selection of proprietary loose-leaf teas, pre-packaged teas, tea sachets and tea-related gifts and accessories through our DAVIDsTEA stores and our website, davidstea.com. We are building a brand that seeks to expand the definition of tea with innovative products that consumers can explore in an open and inviting retail environment. The passion for and knowledge of tea permeates our culture and is rooted in an excitement to explore the taste, health and lifestyle elements of tea....  Read More >>
Press Releases
Tuesday 17 March 2020
DAVIDsTEA Provides Business Update on COVID-19
MONTREAL , March 17, 2020 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (Nasdaq:DTEA) (“DAVIDsTEA” or “the Company”), a leading tea merchant in North America , announced that it has closed all of its stores in North America , effective today and until further notice, in response to the continued spread of
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Friday 20 December 2019
DAVIDsTEA Reports Third Quarter Fiscal 2019 Financial Results
Operating loss of $9.3 million compared to loss of $10.7 million EBITDA 1 of negative $4.5 million compared to a negative $8.6 million 14.1% increase in wholesale and e-commerce sales or $1.1 million Positive cash flow from operations of $4.8 million compared to negative $18.0 million Net cash
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Wednesday 18 December 2019
DAVIDsTEA Announces Restatement of Previously Issued Interim Financial Statements to Reflect Unrecorded Non-Cash Impairment Charges as Well as a Reduction in Amortization Expenses
Announces a Delay in Filing of its Third Quarter Financial Results MONTRÉAL, Dec. 18, 2019 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (Nasdaq:DTEA), a leading tea merchant and expert in North America , today announced that its Board of Directors, following the recommendation of the its Audit Committee, is
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