Tim Hortons’ parent company, Restaurant Brands International, made a ton of dough during Q4 and 2016 results.
According to its financial results, RBI raked in $4.15 billion versus $4,05 billion it make last year. The company also owns Burger King but Tim Hortons — the best place on Earth — raked in $3 billion of RBI’s total revenue, while BK $1.14 billion.
“We are pleased to report another year of solid results, with strong financial performance in the fourth quarter. Our continued focus on guest satisfaction and value creation for all of our stakeholders has resulted in accelerated restaurant development and continued system-wide sales growth at both of our iconic brands, Tim Hortons and Burger King. We are excited about our progress this year and are committed to building on these results to achieve long-term sustainable growth.”
Source: CNW