The color(s) of the first word, "PALM" along with the backdrop of the actual palm tree in the second word is the color blue. The second word, "Teas" is the color aqua. is/are claimed as a feature of the mark.
The mark consists of R=0, G=110, B=185 is the darker blue and R=99, G=205, B=246 is the aqua blue and the font is Helvetica Neue Bold Extended Oblique.