Tim Hortons (THI) Tops Q2 EPS by 6c
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Tim Hortons (NYSE: THI) reported Q2 EPS of CDN$0.81, CDN$0.06 better than the analyst estimate of CND$0.75. Revenue for the quarter came in at CDN$800.1 million versus the consensus estimate of CDN$824.44 million.
Systemwide sales(4) increased 5.0% on a constant currency basis. This growth resulted from new restaurant development in Canada and the U.S., with net growth of 233 restaurants systemwide in the past year, and from same-store sales growth of 1.5% in Canada and 1.4% in the U.S.
For earnings history and earnings-related data on Tim Hortons (THI) click here.
Systemwide sales(4) increased 5.0% on a constant currency basis. This growth resulted from new restaurant development in Canada and the U.S., with net growth of 233 restaurants systemwide in the past year, and from same-store sales growth of 1.5% in Canada and 1.4% in the U.S.
For earnings history and earnings-related data on Tim Hortons (THI) click here.
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