DavidsTea
Grocery Retail · Canada · 201-500 Employees
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Overview
Headquarters
5430 Ferrier Mount-royal, Montreal, Queb...Phone Number
(855) 702-3006Website
www.davidstea.comRevenue
$67.4 MillionStock Symbol
DTEAIndustry
ZI Rank: 1
Signal Type
Jan
Feb
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ZI Rank
2
1
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About DavidsTea
DavidsTea is a retail company. It offers beverages and food like loose leaf tea, tea accessories and iced matcha. The company was founded in 2008 and is based in Montreal, Canada.Explore more
DavidsTea Org Chart
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Revenue
Number of Employees
Type
Funding
Founded In
DavidsTea
$67.4M
201-500
Public
$96.9M
2008
FZ
Frank ZitellaPresident & Chief Financial & Operating Officer
Company Profile Activity
Activity Insights
DavidsTea is experiencing very low activity levels compared to other companies in the Retail sector.
What does this means?
DavidsTea is drawing exceptional interest within the Retail industry, suggesting notable developments or strong market momentum, learn more about DavidsTea.
DavidsTea financials insights
Gather financial insights about DavidsTea, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
2015
Stock Offering
$96.9M
DavidsTea Tech Stack
A closer look at the technologies used by DavidsTea
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Most Recent Scoops
Facilities Relocation / Expansion
DavidsTea has established a distribution platform in Chicago, Illinois through a third-party logistics partner in March 2026, complementing its existing warehouse and logistics operations in Montreal to bring inventory closer to U.S. customers and strengthen its ability to grow in the American market.
Facilities Relocation/Expansion, Warehouse Operations
Pain Point
DavidsTea has reported a 7.6% decline in online sales in fiscal 2025, as the U.S. government's elimination of the de minimis trade exemption which previously allowed goods under $800 USD to enter the U.S. duty-free - increased the complexity and cost of cross-border shipments from Canada, creating customs delays and a diminished consumer experience that weighed on U.S. sales.
Logistics / Supply Chain, Finance, Tax
Project
DavidsTea has proposed a special resolution at its annual meeting to seek B Corp certification, a process requiring an amendment to the company's Articles and a rigorous third-party verification of its social, environmental, and governance practices.
Sustainability, Certifications, Governance
Earnings
DavidsTea has reported adjusted EBITDA of $1.6 million on revenue of $13 million for the first quarter of fiscal 2026, with a gross margin of 59.7% and an adjusted EBITDA margin of 12.5%, representing an expansion of approximately 100 basis points, while net income reached $0.1 million, a $0.3 million increase over the same period in fiscal 2025.
Earnings, Finance
Earnings
Earnings, Sales, Finance
DavidsTea News & Media
DavidsTea sets up US fulfillment after de minimis’ end raises shipping hurdles
The tea company faced unpredictable delivery times and lower sales in the U.S. without the trade rule exemption, CEO Sarah Segal said.DAVIDsTEA Reports Third Quarter Results
Retail momentum, disciplined execution, and strengthened liquidity position Company for growth Retail momentum, disciplined execution, and strengthened liquidity position Company for growthDAVIDsTEA Announces Date of Third Quarter Fiscal 2025 Earnings
MONTREAL, Dec. 09, 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 third quarter of Fiscal 2025 will be released before markets open on December 16, 2025. The Company will host a webcast same day at 8:30 a.m. Eastern Time to discuss the financial results.DAVIDsTEA Closes $3.0 Million Private Placement
MONTREAL, Nov. 19, 2025 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (TSX-Venture: DTEA) (“DAVIDsTEA” or the “Company”), a leading North American tea merchant, is pleased to announce that it has closed its previously-announced private placement of units in an aggregate amount of $3 million (the “Private Placement”). Proceeds from the Private Placement will be used to open new stores across Canada and to support working capital requirements.
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Frequently Asked Questions Regarding DavidsTea
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DavidsTea is a retail company. It offers beverages and food like loose leaf tea, tea accessories and iced matcha. The company was founded in 2008 and is based in Montreal, Canada.... Read More
