What is DavidsTea?

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 Employee Count

Number of DavidsTea employees:

2,901 employees

Last updated 1/1/19

DavidsTea Revenue Totals

DavidsTea annual sales:

• 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 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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