General Information |
Business: |
We are a fast-growing branded beverage company, offering a differentiated selection of proprietary loose-leaf teas, pre-packaged teas, tea sachets and tea-related gifts and accessories through 158 DAVIDsTEA stores, as of March 31, 2015, and our website, davidstea.com. We are building a brand that seeks to expand the definition of tea with innovative products that consumers can explore in an open and inviting retail environment. We sell our products exclusively through our retail and online channels, giving us control of the presentation of our brand as well as greater interaction with the customer, which increases our pace of innovation. |
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Employees: |
2,354 |
Founded: |
2008 |
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Contact Information |
Address: |
5430 Ferrier, Mount-Royal, Québec, Canada, H4P 1M2 |
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Financial Information |
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Revenues: |
$ 141.9 mil (last 12 months) |
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Net Income: |
$ 6.5 mil (last 12 months) |
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IPO Profile |
Symbol: |
DTEA |
Shares (millions): |
5.1 |
Price Range: |
$19.00 - $19.00 |
Est.$ Volume |
$ 96.9 mil |
Manager / Joint Managers |
Goldman Sachs/ J.P. Morgan/ BofA Merrill Lynch |
Co Managers |
BMO Capital Markets/ William Blair |
Expected to Trade |
6/5/2015 |
Status |
Priced |
SCOOP RATING |
Available only to Subscribers |
RATING CHANGE |
Available only to Subscribers |
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