Tim Hortons (THI) Tops Q2 View; U.S. Comps Up 3.1%

August 7, 2008 12:13 PM EDT
Tim Hortons Inc. (NYSE:THI) reports Q2 EPS of $0.41, 1 cent better than the analyst estimate of $0.40. Revenues for the quarter were $510.7 million, versus the consensus of $485.29 million.

Q2 same store sales in U.S. rose 3.1%, while Canadian comps were up 5.7%.

Tim Hortons, Inc. engages in the development and franchising of quick-service restaurants in the United States and Canada.

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Earnings, Retail Sales