Here are a few of the most interesting DavidsTea statistics and facts I was able to dig up including 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
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 Revenue Totals
DavidsTea annual sales:
- 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 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