General Information

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.

Employees: 2354
Founded: 2008
Contact Information
Address 5430 Ferrier, Mount-Royal, Québec, Canada, H4P 1M2
Phone Number (888) 873-0006
Web Address http://www.davidstea.com
View Prospectus: DAVIDsTEA
Financial Information
Market Cap $439.9mil
Revenues $141.9 mil (last 12 months)
Net Income $6.5 mil (last 12 months)
IPO Profile
Symbol DTEA
Exchange NASDAQ
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
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
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