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DAVIDsTEA Announces Results of Annual Meeting
Globenewswire· 2025-07-10 11:49
Core Points - DAVIDsTEA Inc. held its annual meeting of shareholders in Montreal, where five nominees were elected as directors with high approval rates, ranging from 99.08% to 99.10% [1] - Ernst & Young LLP was re-appointed as the auditor for DAVIDsTEA, and a resolution was adopted to amend the 2015 Omnibus Equity Incentive Plan to increase the number of common shares available for issuance [1] Company Overview - DAVIDsTEA is a leading North American tea merchant offering a specialty selection of high-quality proprietary loose-leaf teas, pre-packaged teas, tea sachets, and tea-related accessories [2] - The company operates through its e-commerce platform and has a presence in over 4,000 grocery stores and pharmacies, 1,500 convenience stores in Canada, and 900 grocery stores in the United States, along with 20 company-owned stores across Canada [2] - DAVIDsTEA focuses on innovative flavors, wellness-driven ingredients, and organic tea, launching seasonally driven collections to make tea fun and accessible [2]
DAVIDsTEA Delivers Strong Start to Fiscal 2025 with Higher Margins and Profitability Gains in Q1
Globenewswire· 2025-06-17 11:00
MONTREAL, June 17, 2025 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (TSX-Venture: DTEA) ("DAVIDsTEA" or the "Company"), a leading North American tea merchant, today announced its financial results for the quarter ended May 3, 2025. "Our first-quarter performance demonstrates consistent execution of our omni-channel growth strategy and significant operational progress. Retail store sales rose 11.5% year-over-year, including 2.8% comparable store sales growth, while gross profit margin exceeded 51% of sales. With adju ...
DAVIDsTEA Announces Date of First Quarter Fiscal 2025 Earnings
Globenewswire· 2025-06-11 12:30
MONTREAL, June 11, 2025 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (TSX-Venture: DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, announced today that its financial results for the first quarter of Fiscal 2025 will be released before markets open on June 17, 2025. The Company will host a webcast same day at 8:30 a.m. Eastern Time to discuss the financial results. Details of the webcast Via the internet at: www.davidstea.com, in the "investor" section, or at: https://www.gowebcasting.co ...
DAVIDsTEA Announces Date of Fourth Quarter and Year End Fiscal 2024 Earnings
Globenewswire· 2025-05-07 12:29
Via the internet at: www.davidstea.com, in the "investor" section, or at: https://www.gowebcasting.com/14016 An online archive of the webcast will be available within two hours of the conclusion of the call and will remain available for 30 days. MONTREAL, May 07, 2025 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (TSX-Venture: DTEA) ("DAVIDsTEA" or the "Company"), a leading tea merchant in North America, announced today that its financial results for the fourth quarter of Fiscal 2024 will be released before markets op ...