QUOTE AND NEWS
The Globe and Mail  May 2  Comment 
And other analyst actions of the day
CANOE.ca  May 2  Comment 
Highfields Capital, a U.S. hedge fund agitating for change at coffee shop chain Tim Hortons Inc, faces a difficult task in trying to persuade long-term institutional investors of the merits of its plan to shake up the Canadian company.
Reuters  May 1  Comment 
* Activist shareholder pushes for debt-funded share buyback
Reuters  May 1  Comment 
Highfields Capital Management has increased its stake in Canadian coffee and doughnut chain Tim Hortons from 1.5 percent to around 4 percent this year, a source familiar with the situation told Reuters Wednesday.
Wall Street Journal  May 1  Comment 
Boston-based Highfields Capital is pushing Canadian coffee-and-doughnut chain Tim Hortons Inc. to end its U.S. expansion and take steps to boost shareholder returns.
The Globe and Mail  May 1  Comment 
Highfields Capital wants doughnut chain to buy back shares, get out of the distribution business
Reuters  Apr 30  Comment 
Canadian coffee-and-doughnut chain Tim Hortons Inc is under pressure from one of its top investors to boost profitability through moves like buying back shares with borrowed money or paring back in the United States, according to documents seen by...
The Globe and Mail  Feb 23  Comment 
With McDonald’s ramping up its battle for coffee-guzzling customers, the iconic Canadian corporation is pulling out all the stops to protect its turf
CBC.ca  Feb 21  Comment 
Tim Hortons Inc. says its fourth-quarter revenue growth was held back as it passed along lower commodity prices to restaurant owners and its profit took a $9-million hit from restructuring charges.




 

Tim Hortons, Inc. (NYSE:THI) is the largest fast food restaurant chain in Canada (and the fourth-largest in all of North America) based on market capitalization.[1] Its best selling product is coffee, and the chain is known for its "double-double," a coffee with two creams and two sugars. Tim Horton's also has a food menu to complement its beverage selection, offering doughnuts, sandwiches, and other food items.

Despite intense competition throughout Canada coming from other fast food giants such as McDonald's, Tim Horton’s has acquired more than 75% share of customer traffic in Canada’s coffee and baked goods sector. The company views Quebec and Western Canada as its fastest-growing domestic markets and as opportunities for further expansion. Tim Horton's has also been eager to expand U.S. operations, since it already has high market saturation in Canada. This is problematic, as it is forced to compete with entrenched brands like Dunkin' Donuts, McDonald's (MCD), and Starbucks, and it hasn’t been that successful in the U.S. markets.

Another issue that the company confronts rising prices for commodities such as coffee, oil, wheat, and sugar, which have compressed margins. Tim Horton's must keep its products affordable to attract customers, which keeps it from passing these costs directly onto consumers.

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki