David`s Tea Inc.

DTEA-Q

NASDAQ:DTEA

0.86
0.04 (4.44%)
DavidsTea is a Canadian specialty tea and tea accessory retailer based in Montreal, Quebec. It is the largest Canadian-based specialty tea boutique in the country, and competes directly with Teavana in many markets.
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Analysis and Opinions about DTEA-Q

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
October 2, 2018

This was a Canadian success story that expanded too quickly into markets they didn’t understand. There was a proxy battle as the company has tried to stabilize itself. Competitors like Starbucks are eating their lunch. They rose sharply today on a rumour that they might be considering the cannabis business; however, they have not confirmed those plans. He sees a tough haul for the company ahead, and expects them to close down unprofitable locations. DavidsTea needs to regroup and find itself again, rather than expanding in a new direction.

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This was a Canadian success story that expanded too quickly into markets they didn’t understand. There was a proxy battle as the company has tried to stabilize itself. Competitors like Starbucks are eating their lunch. They rose sharply today on a rumour that they might be considering the cannabis business; however, they have not confirmed those plans. He sees a tough haul for the company ahead, and expects them to close down unprofitable locations. DavidsTea needs to regroup and find itself again, rather than expanding in a new direction.

SELL
SELL
July 13, 2017

They have been experimenting to find something that will work. Their model has not been able to prove itself. There is a lot more downside ahead.

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They have been experimenting to find something that will work. Their model has not been able to prove itself. There is a lot more downside ahead.

SELL
SELL
December 29, 2016

His experience is that their Toronto stores have very few customers. They are all corporate owned stores. This was a growth story that was predicated upon being able to grow in the US, which they haven’t been able to do. The last quarter was disastrous for them. The founder resigned last summer, which is never a good sign. The CEO resigned ahead of the Q3 numbers, which was an obvious sign of terrible quarterly results. The e-business may be growing at a much faster pace than their bricks and mortars business, and they don’t separate the 2, so the one maybe masking the other.

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David`s Tea Inc. (DTEA-Q)
December 29, 2016

His experience is that their Toronto stores have very few customers. They are all corporate owned stores. This was a growth story that was predicated upon being able to grow in the US, which they haven’t been able to do. The last quarter was disastrous for them. The founder resigned last summer, which is never a good sign. The CEO resigned ahead of the Q3 numbers, which was an obvious sign of terrible quarterly results. The e-business may be growing at a much faster pace than their bricks and mortars business, and they don’t separate the 2, so the one maybe masking the other.

PAST TOP PICK
PAST TOP PICK
August 15, 2016

(Top Pick Jun 15/15, Down 49.03%) It was an IPO. It is always risky, buying an IPO. He only bought a 1% position. Post- IPO the growth rate did not live up to expectations, then management changed. He sold.

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(Top Pick Jun 15/15, Down 49.03%) It was an IPO. It is always risky, buying an IPO. He only bought a 1% position. Post- IPO the growth rate did not live up to expectations, then management changed. He sold.

BUY
BUY
September 14, 2015

The fastest growing retailer in Canada. There is always a risk that they IPO with their results at a peak. The stock came off as guidance was lowered. Based on forecasts, the stock is probably reasonably priced. If they get to their 500 store target, the stock will probably go up. SBUX-Q (Teavana) is a service provider, but DTEA-Q is a retailer and that is the big difference between the two.

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David`s Tea Inc. (DTEA-Q)
September 14, 2015

The fastest growing retailer in Canada. There is always a risk that they IPO with their results at a peak. The stock came off as guidance was lowered. Based on forecasts, the stock is probably reasonably priced. If they get to their 500 store target, the stock will probably go up. SBUX-Q (Teavana) is a service provider, but DTEA-Q is a retailer and that is the big difference between the two.

TOP PICK
TOP PICK
June 15, 2015

136 stores in Canada and 25 in the US and they are the fastest growing retailer in Canada. New stores have a 2 years pay back in Canada and 3 years in the US. The business model can expand at a rapid rate. Thinks they can get to 1000 stores.

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136 stores in Canada and 25 in the US and they are the fastest growing retailer in Canada. New stores have a 2 years pay back in Canada and 3 years in the US. The business model can expand at a rapid rate. Thinks they can get to 1000 stores.

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David`s Tea Inc.(DTEA-Q) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for David`s Tea Inc. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

David`s Tea Inc.(DTEA-Q) Frequently Asked Questions

What is David`s Tea Inc. stock symbol?

David`s Tea Inc. is a American stock, trading under the symbol DTEA-Q on the NASDAQ (DTEA). It is usually referred to as NASDAQ:DTEA or DTEA-Q

Is David`s Tea Inc. a buy or a sell?

In the last year, there was no coverage of David`s Tea Inc. published on Stockchase.

Is David`s Tea Inc. a good investment or a top pick?

David`s Tea Inc. was recommended as a Top Pick by Lorne Steinberg on 2018-10-02. Read the latest stock experts ratings for David`s Tea Inc..

Why is David`s Tea Inc. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is David`s Tea Inc. worth watching?

In the last year, there was no coverage of David`s Tea Inc. published on Stockchase.

What is David`s Tea Inc. stock price?

On 2020-07-10, David`s Tea Inc. (DTEA-Q) stock closed at a price of $0.86.