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1.9900-0.0300 (-1.49%)
At close: 03:59PM EDT
1.9900 0.00 (0.00%)
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  • L
    Leon Battista
    Market cap of 65 million minus the 25 million cash and with no debt, makes the enterprise value of the company around 40 million, with annual revenues of 100 million and now profitable.
    After they closed the most of their physical stores, the revenues have declined a bit, but the company is turning to profits and it is now debt free and with plenty of cash.
    Leger Marketing’s WOW Digital Index confirmed DAVIDsTEA’s enhanced digital presence in 2021 by ranking the Company fourth overall for best online customer experience in Canada.
    DTEA has still room to grow, as their sales in U.S. is low and they haven't expanded yet outside North America.
  • B
    DavidsTea Inc – DTEA – Stock News + Forecast
  • L
    Leon Battista
    Two days until the Q4 and annual results. Most important to see if the new sales points which were added at the end of the previous year have increased the quarterly revenues.
  • H
    Heavens Gate Trading
    Why don't they just sell brewed tea in-store and turn their stores into cafés? They have lots of product to do it and keep it running with different flavors; add in a bakery or whatever other food from a subsidiary restaurant and I think people might start coming in. Right now I'd imagine a lot of their revenue comes from online orders so getting people into the physical store is important. The original CEO is gone so it's either they keep the name and keep things stagnant the way they are now now or re-brand and re-vitalize.
  • L
    Leon Battista
    Q4 results will be out on Friday 29th. A conference call also.
  • B
    This is why you're such a pure soul who always lend his hand with money. I wish the world has more people like you without you I wouldn't have set up my business successfully if not the 0.4 btc got from you Mrs Dorothy Henderson
  • M
    Any ideas when we will see earnings?
  • L
    Leon Battista
    "Canada: According to a 2019 survey, over two thirds of Canadians stated that they generally purchased tea in supermarkets, while around 12 percent buy tea in specialty teahouses."
    This is the reason sales thru Walmart and other supermarkets are so important.
  • J
    slowly dying...
    Q3 2020
    August 1,150,000
    September 1,150,000
    October 1,450,000
    Q4 2020
    November 2,150,000
    December 2,000,000
    January 1,350,000
    Q1 2021
    February 1,150,000
    March 960,000
    April 940,000
    Q2 2021
    May 960,000
    June 820,000
    July 930,000
    Q3 2021
    August 930,000
    September 1,200,000
    October 1,050,000
    Q4 2021
    November 1,980,000
    December 1,550,000
    January 1,200,000
    Q1 2022
    February 822,700
    March 888,300
    April ???
  • L
    Leon Battista
    While the inflation hits several sectors, the tea market is expected to grow annually by 5.33% (CAGR 2022-2025) in Canada, according to Statista.
  • P
    The CEO of candy retailer Squish is taking over from her father as head of insolvent tea company DavidsTea.

    Sarah Segal becomes chief executive of the Montreal-based company today while chief financial officer Frank Zitella becomes president. DavidsTea co-founder Herschel Segal is stepping down as interim CEO but will remain board chairman.

    The executive changes were announced Tuesday as the company reported its second-consecutive quarterly profit.

    It earned $14.5 million or 54 cents per share in the third quarter, compared with a loss of $10.8 million or 42 cents per share a year earlier.
  • R
    Based on sales alone, this is a $9 stock... now with distribution with Loblaws their cost can go down. When they add CBD infused specialty tea, no on will be able to compete.
  • v
    Could be an indication of a CBD announcement soon. Per earning transcript: “In the coming months, you'll see us cross-promote tea in products and events popular with the male demographic. We're also putting in place initiatives to more directly capitalize on the wellness trend.” The word wellness is often used in relation to CBD, however, it could easily not refer to it. The company clearly is aware of shareholders desire for CBD products, I know they have been told. Overall the supermarket expansion was a positive.
  • R
    Anyone new to this board, DTEA is a Canadian SPECIALTY tea retailer. It has 240 locations in Canada and is partnered with the largest grocery chain in the country. Its revenues are over $215million USD and growing. People who buy DTEA are typically younger demographics and is all about health and wellness and so is CBD, so its naturally a good fit. Yes, other large tea companies like Unilever or Tetley can also get into CBD/Tea products in the future BUT, last I checked, these companies operate in countries where Cannabis is still illegal. Canada is legalizing on October 17 and DTEA is Canadian, they will be a first mover in this space and will look to capitalize on it.
  • d
    lots of after hours action
  • R
    This week $5.50 THEN $10.00
  • C
    Where can I find the ceo?
    I need to talk to him
  • a
    Plusieurs producteurs de marijuana ont tendu la main à DavidsTea au cours de l'été, soutient le grand patron du détaillant montréalais.
    Plusieurs producteurs de marijuana ont tendu la main à DavidsTea au cours de l'été, soutient le grand patron du détaillant montréalais.
  • r
    guys, you need to do your homework, i.e. doing DD

    "On September 9, 2021, the Monitor has issued a Termination Certificate which certifies that all the matters to be attended to in connection with the CCAA proceedings have been completed and that these CCAA proceedings shall be terminated, as set forth in section 24 of the Plan Sanction Order."
  • H
    Not good!