DavidsTea Statistics and Revenue Totals (2023)
Last Updated on: May 27th, 2023
Here are a few of the most interesting DavidsTea statistics I was able to dig up including DavidsTea revenue totals and employee counts. As always, be sure to check back in the future as I will be updating this post as new and updated stats become available.
DavidsTea Facts
- Website: Official Website
- Year Founded: 2008
- Headquarters: Montreal, Quebec, Canada
- Founder(s): David Segal and Herschel Segal
- Current Chief Executive: Herschel Segal
Great tea, friendly stores and above-and-beyond customer service. It seemed like a simple idea, but we couldn’t find anyone else that was doing it. So in 2008, we decided to take matters into our own hands. You can choose from over 100 types of tea, including exclusive blends, limited edition seasonal collections, traditional straight teas and exotic infusions from around the world. With colourful, modern packaging, sleek in-house designed tea accessories and a friendly, welcoming attitude, DAVIDsTEA offers a tea experience that is fun, fresh and unintimidating. (source)
DavidsTea Statistics
DavidsTea Revenue Totals
DavidsTea annual sales:
- FY 2022: $83 million
- FY 2021: $121 million
- FY 2020: $196 million
- FY 2019: $212 million
- FY 2018: $224 million
- FY 2017: $215 million
- FY 2016: $180 million
- FY 2015: $141 million
DavidsTea annual net income:
- FY 2022: $14.9 million net loss
- FY 2021: $55.9 million net loss
- FY 2020: $31 million net loss
- FY 2019: $33 million net loss
- FY 2018: $28 million net loss
- FY 2017: $3 million
- FY 2016: $131 million net loss
- FY 2015: $6 million
Please note that some of these numbers are easier to find than others. A few of these DavidsTea statistics come from their own reports, but some are based on news reports and not official company tallies. No information contained on DMR should be relied upon to make investment decisions. Basically, this is the best I can find and I don’t guarantee anything to be 100%.
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