• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    DAVIDsTEA Donates 1 Million Cups of Tea

    11/29/22 8:00:00 AM ET
    $DTEA
    Get the next $DTEA alert in real time by email

    In addition to supporting local communities through tea, DAVIDsTEA invites customers to shop with purpose this Giving Week with every transaction supporting the brand's Impact Fund

    MONTREAL, Nov. 29, 2022 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (NASDAQ:DTEA) ("DAVIDsTEA" or the "Company"), a leading tea merchant in North America, is pleased to celebrate Giving Tuesday by announcing their donation of over 1.3 million cups of tea to frontline heroes since the start of the pandemic. Continuing their commitment to a more sustainable and ethical tea industry, $1 of every purchase gives back to the DAVIDsTEA Impact Fund, supporting the brand's local and global impact initiatives this Giving Week, from November 29 through December 6. Customers can shop with purpose at all 18 DAVIDsTEA flagship stores across Canada, and online at davidstea.com.

    DTPR image 1 - 1milcups EN

    Customers can help DAVIDsTEA meet their next goal of 2 million cups donated—every transaction equals one cup of tea donated!

    Supporting Local Communities

    Spreading the joy of tea through in-kind donations has been part of the brand's DNA since they opened their doors in 2008. When the COVID-19 pandemic began, the brand wanted to amplify their daily efforts and find ways to support even further: DAVIDsTEA is proud to share that they have officially donated over 1.3 million cups of tea to hardworking frontline heroes since the start of the pandemic. The brand considers "frontline heroes" to be anyone with essential roles in the community who could use a little extra appreciation, like healthcare workers, educators, childcare workers, first responders, postal workers, and beyond. Customers can help DAVIDsTEA meet their next goal of 2 million cups—every transaction in store and online at davidstea.com equals one cup of tea donated!

    DAVIDsTEA's mission is to make tea accessible for all, and the brand strongly believes that tea can be a source of comfort, which is why they continue to spread the tea love in a meaningful way by supporting frontline hero and non-profit donations through their sponsorship program.

    Leveraging Giving Tuesday in Support of the DAVIDsTEA Impact Fund

    In honour of Giving Tuesday, DAVIDsTEA will be donating $1 from every online and in-store transaction to its Impact Fund all Giving Week long, which supports the brand's local and global impact initiatives. The fund was first launched during Giving Week in 2020 and has since contributed to three global impact projects. The brand has shown a continued commitment to their local communities, and with the funds raised this year through the Impact Fund, intends to support even more local and global causes.

    "At DAVIDsTEA, we have a passion for doing good. I am humbled that we have been able to help bring comfort through over 1 million cups of tea to the hardworking frontline heroes in local communities across North America," said Sarah Segal, Chief Executive Officer and Chief Brand Officer, DAVIDsTEA. "We are also thrilled to engage with customers on Giving Tuesday, and to have them participate in our local and global efforts to create a fairer, more sustainable tea industry. All purchases made between November 29 and December 6 are directly supporting our impact projects—and with the holidays just around the corner, it's a great time to be gifting with purpose," she added.

    Global Impact Projects

    In summer 2022, the brand launched C.A.M.P by DAVIDsTEA x Ethical Tea Partnership, which stands for Child-friendly Areas for Meaningful Positivitea, to provide safe education spaces for children of tea growers whose parents have relocated for temporary jobs during the summer off-season. The program ran in the Zhejiang region of China and offered an extensive curriculum covering topics ranging from science to social skills and nutrition, in addition to providing courses for caretakers such as literacy, health and maternity protection.

    DTPR image 2 - impactprojects

    Global impact projects from DAVIDsTEA include those in Nepal (left), South Africa (middle), and China (right).

    In 2021, DAVIDsTEA broke ground on two projects, both aimed at giving back to communities where the Company sources some of its teas:

    • Nepal Water Project: Partnering with family-owned tea garden Jun Chiyabari, DAVIDsTEA is providing four government schools in Nepal with long-term access to clean drinking water, which impacts the lives of over 3,200 students, teachers, and staff.
    • South African Homework Facility Project: In collaboration with Johan, a South African rooibos tea producer, DAVIDsTEA built a homework facility that provides a safe space where the children of tea farmers from the small-scale farms in the Cederberg mountains can study.

    Shop with purpose online at davidstea.com for Canadian and U.S. customers, or in-store at one of DAVIDsTEA's 18 flagship locations across Canada.

    In an effort to continue to support local organizations that make an impact in the community, DAVIDsTEA accepts requests for partnerships and sponsorships throughout the year.

    Follow DAVIDsTEA (@davidstea) on Instagram, Facebook, TikTok, and LinkedIn.

    About DAVIDsTEA

    DAVIDsTEA offers a specialty branded selection of high-quality loose leaf teas, pre-packaged teas, tea sachets, tea-related accessories and gifts through its e-commerce platform at www.davidstea.com, the Amazon Marketplace, its wholesale customers which include over 3,800 grocery stores and pharmacies, and 18 Company-owned stores across Canada. It offers primarily proprietary tea blends that are exclusive to the Company, as well as traditional single-origin teas and herbs. The team's passion for and knowledge of tea permeates the Company's culture and is rooted in an excitement to explore the taste, health and lifestyle elements of tea. With a focus on innovative flavours, wellness-driven ingredients and organic tea, the Company launches seasonally driven "collections" with a mission of making tea fun and accessible to all. The Company is headquartered in Montréal, Canada.

    For more information or media requests, please contact:

    Sarah Vincent, DAVIDsTEA

    [email protected]

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/02a1a72d-41c5-4b24-a110-e4e13a224584

    https://www.globenewswire.com/NewsRoom/AttachmentNg/1c81ba2d-c11a-422c-85ec-dfed9f0b0f94



    Primary Logo

    Get the next $DTEA alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $DTEA

    DatePrice TargetRatingAnalyst
    More analyst ratings

    $DTEA
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • DAVIDsTEA Confirms Voluntary Delisting from Nasdaq

      - DAVIDsTEA to cease trading on Nasdaq at the close of market on Friday, April 14, 2023 - DAVIDsTEA to continue trading on the TSX Venture Exchange MONTREAL, April 13, 2023 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (NASDAQ:DTEA) ("DAVIDsTEA" or the "Company"), a leading tea merchant in North America, confirms that it is voluntarily delisting from The Nasdaq Global Market ("Nasdaq") and that its common shares will stop trading on Nasdaq at the close of market on Friday, April 14, 2023. As previously announced, DAVIDsTEA commenced trading on the TSX Venture Exchange ("TSXV") on Monday, April 3, 2023 under the ticker symbol "DTEA". After April 14, 2023, DAVIDsTEA will be listed only on the TSXV,

      4/13/23 4:13:22 PM ET
      $DTEA
    • DAVIDsTEA to Commence Trading on the TSX Venture Exchange and Delist from Nasdaq

      - Trading on the TSX Venture Exchange to start on April 3, 2023 - DAVIDsTEA to delist from Nasdaq at the close of markets on April 14, 2023 MONTREAL, March 27, 2023 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (NASDAQ:DTEA) ("DAVIDsTEA" or the "Company"), a leading tea merchant in North America, is pleased to announce that the Company has been accepted for listing on the TSX Venture Exchange ("TSXV") and that the Company's common shares will commence trading on the TSXV on Monday, April 3, 2023 under the ticker symbol "DTEA". The shares will trade on the TSXV in Canadian dollars. Shareholders will not be required to exchange their share certificates or take any other action in connection with the

      3/27/23 8:45:00 AM ET
      $DTEA
    • DAVIDsTEA Aligns Cost Structure with Continued Focus on Path to Profitability

      MONTREAL, Feb. 02, 2023 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (NASDAQ:DTEA) ("DAVIDsTEA" or the "Company"), a leading tea merchant in North America, provided preliminary sales results for its fourth quarter ended January 28, 2023, and announced a plan to adjust its cost structure amid continuing macro-economic uncertainty. "Like many other retail brands, we experienced difficult market conditions in the fourth quarter as consumer wallets were impacted by rising inflation and higher interest rates that reduced demand," explained Sarah Segal, Chief Executive Officer and Chief Brand Officer, DAVIDsTEA. "The decision to implement a cost-containment plan is necessary to align our cost structure

      2/2/23 5:04:01 PM ET
      $DTEA

    $DTEA
    Leadership Updates

    Live Leadership Updates

    See more
    • DAVIDsTEA Reports Third Quarter Fiscal 2020 Financial Results

      145.5% increase in e-commerce and wholesale sales to $22.1 millionGross profit of $10.8 millionAdjusted EBITDA of $3.3 millionCash of $21.9 million at quarter-endRestructuring activities ongoing and Court order extended until March 19, 2021 MONTREAL, Dec. 15, 2020 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (Nasdaq:DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, announces its third quarter results for the period ended October 31, 2020. DAVIDsTEA also announces the appointment of Sarah Segal as Chief Executive Officer (CEO), in addition to her position as Chief Brand Officer, and Frank Zitella as President, in addition to his position as Chief Operating Officer and

      12/15/20 4:15:00 PM ET
      $SSNC
      $LOOP
      $DTEA
      Computer Software: Prepackaged Software
      Technology
      Major Chemicals
      Industrials

    $DTEA
    SEC Filings

    See more
    • SEC Form 15-12G filed by DAVIDsTEA Inc.

      15-12G - DAVIDsTEA Inc. (0001627606) (Filer)

      4/17/23 8:15:16 AM ET
      $DTEA
    • DAVIDsTEA Inc. filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits

      8-K - DAVIDsTEA Inc. (0001627606) (Filer)

      4/13/23 4:15:28 PM ET
      $DTEA
    • SEC Form 25 filed by DAVIDsTEA Inc.

      25 - DAVIDsTEA Inc. (0001627606) (Filer)

      4/7/23 4:05:21 PM ET
      $DTEA

    $DTEA
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13G/A filed by DAVIDsTEA Inc. (Amendment)

      SC 13G/A - DAVIDsTEA Inc. (0001627606) (Subject)

      1/18/23 1:23:27 PM ET
      $DTEA
    • SEC Form SC 13G/A filed by DAVIDsTEA Inc. (Amendment)

      SC 13G/A - DAVIDsTEA Inc. (0001627606) (Subject)

      1/5/22 10:28:41 AM ET
      $DTEA

    $DTEA
    Financials

    Live finance-specific insights

    See more
    • DAVIDsTEA Reports Financial Results for the Second Quarter of Fiscal 2022

      Sales totaled $15.2 millionNet loss of $4.8 millionAdjusted EBITDA amounted to a loss of $2.1 millionCash position of $19.0 million and new, unused $15.0 million revolving credit facility MONTREAL, Sept. 13, 2022 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (NASDAQ:DTEA) ("DAVIDsTEA" or the "Company"), a leading tea merchant in North America, announced today its second quarter results for the period ended July 30, 2022. "DAVIDsTEA continues to experience volatility in its channels. Our wholesale business in Canada expanded in the second quarter of 2022 with sales more than doubling year-over-year on the strength of a growing footprint at grocery stores, pharmacies and big-box locations to over 3,8

      9/13/22 4:15:00 PM ET
      $DTEA
    • DAVIDsTEA Reports Financial Results for First Quarter of Fiscal 2022

      Sales reach $20.4 millionNet loss totals $2.0 millionAdjusted EBITDA amounts to $0.1 millionCash position of $22.7 million MONTREAL, June 14, 2022 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (NASDAQ:DTEA) ("DAVIDsTEA" or the "Company"), a leading tea merchant in North America, announced today its first quarter results for the period ended April 30, 2022. "DAVIDsTEA continues to execute on a well though-out transition to a digital-first tea merchant, by amplifying the universal and enjoyable pleasures associated with tea. We efficiently managed through industry-wide challenges, including mounting inflation, supply-chain issues and labour shortages, in the first quarter of 2022," said Sarah Segal,

      6/14/22 4:15:00 PM ET
      $DTEA
    • DAVIDsTEA Reports Fourth Quarter and Full Year Fiscal 2021 Financial Results

      Fiscal 2021 Sales of $104.1 millionNet income of $78.1 millionAdjusted EBITDA of $5.3 millionCash position of $25.1 million Q4 2021 Sales of $39.9 millionNet income of $1.3 millionAdjusted EBITDA of $3.7 million MONTREAL, April 29, 2022 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (NASDAQ:DTEA) ("DAVIDsTEA" or the "Company"), a leading tea merchant in North America, announces its fourth quarter and full year results for the period ended January 29, 2022. "We adapted to changes in consumer habits related to the COVID-19 pandemic by doubling down on our digital platform, we emerged from a formal restructuring process as a more invigorated and efficient organization, and we managed as a

      4/29/22 8:00:00 AM ET
      $DTEA