Etiket: DavidsTea
DavidsTea soon available in several Couche-Tard convenience stores
DavidsTea announced the signing of an agreement to sell some of its products in 1,500 Couche-Tard and Circle K convenience stores across Canada. Posted at 5:26 p.m. The Montreal-based tea…
DavidsTea will leave the NASDAQ to move to the Venture Exchange
After eight years on the NASDAQ dotted with ups and downs, the Montreal tea merchant DavidsTea is about to leave this American stock exchange. Posted at 10:49 a.m. DavidsTea’s stock…
Layoffs at DavidsTea headquarters
Struggling to stem falling sales, retailer DavidsTea announces cost-cutting measures including layoffs affecting 15% of the workforce at its Montreal headquarters. Posted at 7:18 p.m. Management speaks of “temporary” layoffs…
Major DavidsTea shareholder wants sale
Enraged by management and execution at DavidsTea, the Montreal retailer’s second-largest shareholder believes the company should be put up for sale. Posted at 2:49 p.m. “It seems that the nepotism…
Second trimester | DavidsTea Teas saw sales decline by 18.7%
Changing habits among tea lovers in the wake of the end of pandemic restrictions sent DavidsTea online sales plummeting in the second quarter, as total revenue fell 18.7% and forced…
A loss for DavidsTea in the 3rd quarter
DavidsTea Teas saw its revenue decline 15.3% year on year in the third quarter, during which the tea merchant reported a net loss of 1.9 million. Posted on December 14,…
The Savvy Investor | Wisconsin Institutional Acquires 10% of DavidsTea
Every Sunday, we shine the spotlight on elements of financial and stock market news that may be useful to the investor, but which could have gone under the radar. Posted…