DAVIDsTEA Inc. (NASDAQ:DTEA) Files An 8-K Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition
On April 12, 2017, DAVIDsTEA Inc., a corporation incorporated
under the Canada Business Corporations Act (the Company), issued
a press release announcing its financial results for the year
ended Jnuary 28, 2017. A copy of the press release is furnished
as Exhibit99.1 hereto. The Company intends to hold an investor
call and webcast to discuss these results on Wednesday, April 12,
2017 at 4:30 P.M.Eastern Standard Time.
The information contained herein and in the accompanying exhibit
attached hereto shall not be deemed filed for purposes of
Section18 of the Securities Exchange Act of 1934, as amended, or
otherwise subject to the liability of that section, nor shall it
be deemed incorporated by reference in any filing under the
Securities Act of 1933, as amended, except as shall be expressly
set forth by specific reference in such a filing.
Item 5.02 Departure of Directors or certain officers; Election of
Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.
On April 12, 2017, the Company announced the appointment of
Christine Bullen, the Managing Director of U.S. Markets since
joining the Company in May 2016 and Interim President and CEO
from January 29, 2017 to March19, 2017, as Chief Operating
Officer and President of DAVIDsTEA (USA), such appointment
effective immediately.
Item 9.01 Financial Statements and Exhibits
(d)Exhibits.
|
ExhibitNo. |
Description |
|
99.1 |
Press Release, datedApril 12, 2017 |
2
About DAVIDsTEA Inc. (NASDAQ:DTEA)
DAVIDsTEA Inc. is engaged in the retail and online sale of tea, tea accessories, and food and beverages in Canada and in the United States. The Company’s segments include Canada and the U.S. The Company is a branded retailer of specialty tea, offering approximately 150 loose-leaf teas, pre-packaged teas, tea sachets and tea-related gifts, accessories, and food and beverages primarily through approximately 190 DAVIDsTEA stores, which are operated by the Company, and its Website, davidstea.com. Additionally, the Company offers on-the-go tea beverages in its retail stores. The Company’s tea accessories include tea mugs, travel mugs, teacup sets, teapots, tea makers, kettles, infusers, filters, frothers, tins and spoons. The Company offers beverages range from the standard hot or iced tea to its Tea Lattes. The Company’s different flavors of loose-leaf tea span eight tea categories: white, green, oolong, black, pu’erh, mate, rooibos and herbal tea. DAVIDsTEA Inc. (NASDAQ:DTEA) Recent Trading Information
DAVIDsTEA Inc. (NASDAQ:DTEA) closed its last trading session down -0.10 at 7.60 with 28,816 shares trading hands.