TIMS

Tims China Announces Second Quarter 2023 Financial Results

Retrieved on: 
Tuesday, August 29, 2023
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SHANGHAI, China and NEW YORK, Aug. 29, 2023 (GLOBE NEWSWIRE) -- TH International Limited (Nasdaq: THCH), the exclusive operator of Tim Hortons coffee shops and Popeyes restaurants in China (“Tims China” or the “Company”) today announced its unaudited financial results for the second quarter 2023.

Key Points: 
  • SHANGHAI, China and NEW YORK, Aug. 29, 2023 (GLOBE NEWSWIRE) -- TH International Limited (Nasdaq: THCH), the exclusive operator of Tim Hortons coffee shops and Popeyes restaurants in China (“Tims China” or the “Company”) today announced its unaudited financial results for the second quarter 2023.
  • Adjusted Corporate EBITDA margin was negative 11.6% in the second quarter of 2023, representing an improvement of 56.1 percentage points from negative 67.7% in the second quarter of 2022.
  • Basic and diluted net loss per ordinary share was RMB1.50 (USD0.21) in the second quarter of 2023, compared to RMB1.40 in the same quarter of 2022.
  • Adjusted basic and diluted net loss per ordinary share was RMB0.61 (USD0.08) in the second quarter of 2023, compared to RMB1.22 in the same quarter of 2022.

Get ready to fall into Pumpkin Spice season with Tim Hortons and the NEW lineup of Pumpkin Spice-flavoured hot and cold beverages, plus a NEW Dulce Apple Fritter Dream Donut!

Retrieved on: 
Tuesday, August 29, 2023
Dulce de leche, Tim Hortons, Pumpkin, Fritter, Spice, Baking, TIMS

Visit your local Tims today to try the Pumpkin Spice Latte, the Pumpkin Spice Cold Brew and the Pumpkin Spice Iced Capp.

Key Points: 
  • Visit your local Tims today to try the Pumpkin Spice Latte, the Pumpkin Spice Cold Brew and the Pumpkin Spice Iced Capp.
  • TORONTO, Aug. 29, 2023 /CNW/ - Tims is officially celebrating Pumpkin Spice season with the introduction of NEW hot and cold Pumpkin Spice-flavoured beverages as well as an indulgent Dulce Apple Fritter Dream Donut!
  • Get an early start on enjoying the comforting tastes of fall with Tims Pumpkin Spice Lattes, served hot or cold over ice.
  • The NEW Pumpkin Spice Cold Brew and the Pumpkin Spice Iced Capp have a delicious pumpkin spice twist that transforms two Tims classics into your new fall favourites.

Coming Soon: Turn on and use the Scan & Pay feature in the Tim Hortons app and each eligible purchase earns a chance to win a 2024 Volkswagen Taos and other weekly prizes

Retrieved on: 
Monday, August 28, 2023
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To encourage more guests to use the feature, starting Sept. 4 and through Oct. 15, Tim Hortons guests will earn one Scan & Pay to Win contest entry for each eligible purchase made using the Scan & Pay feature on the Tims Hortons App.

Key Points: 
  • To encourage more guests to use the feature, starting Sept. 4 and through Oct. 15, Tim Hortons guests will earn one Scan & Pay to Win contest entry for each eligible purchase made using the Scan & Pay feature on the Tims Hortons App.
  • To use the Scan & Pay feature for purchases at Tims restaurants, Tims Rewards members simply need to link any credit card – like the Tims® Credit Card – in the Tims app and then turn on the Scan & Pay feature.
  • Tims Rewards members will earn one Scan & Pay to Win contest entry for each eligible purchase made using the Scan & Pay feature on the Tim Hortons app.
  • The Scan & Pay feature allows Tims guests to pay for their order and earn Tims Rewards points with just one scan, creating a faster and simpler check out experience for guests.

Tims China Launches Nationwide Expansion of Popeyes® in China with Grand Opening of First Flagship Restaurant in Shanghai

Retrieved on: 
Monday, August 21, 2023
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SHANGHAI, China, Aug. 21, 2023 (GLOBE NEWSWIRE) -- TH International Limited (“Tims China” (Nasdaq: THCH)), the exclusive operator of Tim Hortons coffee shops and Popeyes restaurants in China, started the nationwide expansion of Popeyes in China on August 19 with the opening of its first flagship restaurant in Shanghai.

Key Points: 
  • SHANGHAI, China, Aug. 21, 2023 (GLOBE NEWSWIRE) -- TH International Limited (“Tims China” (Nasdaq: THCH)), the exclusive operator of Tim Hortons coffee shops and Popeyes restaurants in China, started the nationwide expansion of Popeyes in China on August 19 with the opening of its first flagship restaurant in Shanghai.
  • A grand opening celebration and ribbon-cutting ceremony was held at the new restaurant in the heart of Shanghai’s Huaihai commercial district.
  • The opening of the new flagship restaurant in Shanghai comes less than six months after Tims China became the exclusive operator and developer of the Popeyes brand in China in March 2023.
  • Tims China plans to open at least 10 Popeyes restaurants in Shanghai this year and 1,700 across China over the next 10 years.

Tims China Generates 27% Same-store Sales Growth in June

Retrieved on: 
Tuesday, August 8, 2023
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SHANGHAI, China, Aug. 08, 2023 (GLOBE NEWSWIRE) -- TH International Limited (“Tims China” (Nasdaq: THCH)), the exclusive operator of Tim Hortons coffee shops and Popeyes restaurants in China, reports 27% system-wide same-store sales growth in June, driven by increasing customer traffic across its network.

Key Points: 
  • SHANGHAI, China, Aug. 08, 2023 (GLOBE NEWSWIRE) -- TH International Limited (“Tims China” (Nasdaq: THCH)), the exclusive operator of Tim Hortons coffee shops and Popeyes restaurants in China, reports 27% system-wide same-store sales growth in June, driven by increasing customer traffic across its network.
  • “Our team is firing on all cylinders, as shown by our strong same-store sales growth in June,” said Yongchen Lu, CEO of Tims China.
  • “In fact, since we fully re-opened our store network in February following Covid lockdowns, same-store sales growth has averaged 19% system-wide.”
    Augmenting its robust same-store sales growth, Tims China accelerated its franchising strategy to fuel profitable growth as it aims to enter at least 40 new cities across China in 2023.
  • Tims China has also aggressively deployed its “Tims Express” store format for new stores.

Tim Hortons® Raises $12.7 million from Camp Day Donations

Retrieved on: 
Wednesday, August 2, 2023
Volunteering, Tax, History, Blood Donation Badge of Honor, Coffee, Empowerment, Tourism, TIMS

NEW YORK, Aug. 2, 2023 /PRNewswire/ -- Tim Hortons is proud to announce that with the support of Tims guests, restaurant owners, team members, and volunteers, this year's Camp Day campaign raised over $12.7 million that will be donated to Tim Hortons Foundation Camps, with $900,000 coming from the United States.

Key Points: 
  • Tim Hortons has now raised $250 million in its history and helped send more than 315,000 youth to Tims Camps.
  • Tim Hortons Camp Day has now raised approximately $250 million in its history, which has supported sending more than 315,000 underserved youth between the ages of 12 to 16 to a multi-year camp-based program at Tims Camps.
  • Every year on Camp Day, Tim Hortons and its restaurant owners donate 100% of all hot and iced coffee purchases (excluding taxes) to Tim Hortons Foundation Camps and raise additional funds through Camp Day bracelets and Donation Badges.
  • said Katerina Glyptis, President of Tim Hortons U.S.
    For more information about Tim Hortons, visit timhortons.com and follow Tim Hortons on Facebook , Instagram , TikTok and Twitter .

Try the NEW Smoky Honey Bacon Breakfast Sandwiches from Tim Hortons for a delicious sweet & savoury start to your morning

Retrieved on: 
Thursday, July 27, 2023
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Tim Hortons has just launched new breakfast sandwiches for guests across Canada featuring smoky honey bacon!

Key Points: 
  • Tim Hortons has just launched new breakfast sandwiches for guests across Canada featuring smoky honey bacon!
  • Each Smoky Honey Bacon Breakfast Sandwich includes Tims new and improved crispy double smoked bacon, which is topped with a sweet and savoury glaze made with 100 per cent Canadian honey.
  • Guests can enjoy smoky honey bacon with a 100 per cent Canadian fresh cracked egg in a classic breakfast sandwich, a BELT, or in a breakfast wrap.
  • Pair the new Smoky Honey Bacon Breakfast Sandwiches with a hot brewed coffee or one of Tims refreshing cold beverages like an Iced Latte, a Caramel Toffee Cold Brew or a Sparkling Quencher in Blackberry Yuzu or Orange Ginger.

This year's Tim Hortons Camp Day campaign raised $12.7 million for Tim Hortons Foundation Camps to help underserved youth reach their full potential

Retrieved on: 
Wednesday, July 26, 2023
Volunteering, Blood Donation Badge of Honor, Coffee, Poverty, History, Hunting, Tourism, Management, TIMS

Tim Hortons Camp Day has now raised approximately $250 million in its history, which has supported sending more than 315,000 youth to Tims Camps for a life-changing experience.

Key Points: 
  • Tim Hortons Camp Day has now raised approximately $250 million in its history, which has supported sending more than 315,000 youth to Tims Camps for a life-changing experience.
  • TORONTO, July 26, 2023 /CNW/ - Tim Hortons is proud to announce that with the support of Tims guests, restaurant owners, team members, and volunteers, this year's Camp Day campaign raised $12.7 million that will be donated to Tim Hortons Foundation Camps.
  • Tim Hortons Camp Day has now raised approximately $250 million in its history, which has supported sending more than 315,000 underserved youth between the ages of 12 to 16 to a multi-year camp-based program at Tims Camps.
  • "For many of us, Camp Day is one day of the year, but for campers, it's the rest of their lives," said Rob Eatough, Executive Director of Tim Hortons Foundation Camps.

The Tims Credit Card is available NOW, offering quicker ways to earn more free Tim Hortons coffee, beverages and food  

Retrieved on: 
Monday, July 24, 2023
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A secured version of the credit card for students, newcomers, and others with limited or no credit history is also available.

Key Points: 
  • A secured version of the credit card for students, newcomers, and others with limited or no credit history is also available.
  • TORONTO, July 24, 2023 /CNW/ - Starting today, Canadians can apply for the new Tims Credit Card from Tims Financial and earn Tims Rewards Points everywhere they shop!2
    The Tims Credit Card is a Mastercard®, powered by Neo Financial™, and Canadians can apply for the card now through the Tim Hortons app.
  • The Tims Credit Card unlocks so much value from your everyday spending so you can earn free rewards from Tim Hortons faster.
  • See your Tims Credit Card Mastercard Disclosure Statement, Rate & Fee Schedule at time of application for your specific rates.

Tim Hortons Camp Day is TODAY! Buy a hot or iced coffee at Tims and 100% of the proceeds will be donated to Tims Camps to help underserved youth reach their full potential

Retrieved on: 
Wednesday, July 19, 2023
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Tims guests can also support Tim Hortons Foundation Camps by purchasing a Camp Day bracelet for $3 or a Donation Badge available at restaurants for $2, with net proceeds donated to Tims Camps.

Key Points: 
  • Tims guests can also support Tim Hortons Foundation Camps by purchasing a Camp Day bracelet for $3 or a Donation Badge available at restaurants for $2, with net proceeds donated to Tims Camps.
  • TORONTO, July 19, 2023 /CNW/ - Tim Hortons is celebrating Camp Day across Canada and in the United States TODAY!
  • Every Camp Day, 100 per cent of the proceeds from all hot and iced coffee sales at Tims restaurants are donated to Tim Hortons Foundation Camps to help underserved youth reach their full potential.
  • Tims guests can also support Tims Camps by purchasing a Camp Day bracelet for $3 or a Donation Badge available at restaurants for $2, with all proceeds donated to Tims Camps.