Yet another quarter has passed and Tim Hortons continues to sell a boatload of donut goods and beverages.
According to the press release, Tim Hortons had sales growth of 5.5% over the same period last year and was mainly due to “strength in Dark Roast coffee and the CREAMY CHOCOLATE CHILL beverage as well as growth in the lunch daypart contributed to TH outperformance.”
The company expanded to 4,776 restaurants, up 52 in the past three-months and revenues topped $763.2 million.
Daniel Schwartz, CEO of Restaurant Brands International said, “We are pleased to report another quarter of solid results for both of our iconic brands, Tim Hortons and Burger King. The continued expansion of our global footprint combined with effective marketing and successful product launches drove system-wide sales growth. We believe our focus on enhancing our guest experience and increasing franchisee profitability will continue to create value for all of our stakeholders—our guests, franchisees, employees and shareholders—in the second half of the year.”