DavidsTea Inc operates in the Miscellaneous food stores sector.
In addition to historical fundamental analyses, the complete report available to purchase compares DavidsTea Inc with three other
supermarkets and grocery stores in North America:
Fire & Flower Holdings Corp
sales of 51.11 million Canadian Dollars [US$41.02 million]
of which 84%
Mimi's Rock Corp
(2020 sales: 40.29 million Canadian Dollars [US$32.33 million]
(2020 sales of $23.85 million
of which 100%
was Food Ingredients).
During the first
quarter of 2021, sales at DavidsTea Inc totalled
This is a drop of 21.7%
from the $24.15 million in sales at the company during the first quarter in 2020.
During the previous 13 quarters, sales at DavidsTea Inc have fallen vis-à-vis the same quarter in the previous year.
Sales at DavidsTea Inc appear to have some seasonality: during each of the previous 7
years, sales have been highest during the fourth quarter, which has accounted for
between 33.0% and 43.5%
of the annual
(For the vast majority of American retailers, the last quarter of the year usually has the highest sales).
DavidsTea Inc reported sales of $91.14 million
January of 2021.
decrease of 38.5%
versus 2020, when the company's sales were $148.15 million.
Contributing to the drop in overall sales was the 86.8% decline
in Food and Beverages, from $10.27 million to $1.36 million.
There were also decreases in sales in
Tea (down 30.9% to $77.61 million)
Tea Accessories (down 52.5% to $12.17 million)