TH International

TH International Ltd is the parent company of the franchise of Tim Hortons coffee shops and has the rights to operate Tim Hortons coffee shops in mainland China, Hong Kong, and Macau. Through the Tim Hortons brand, the firm offers freshly brewed coffee, tea, and other beverages, bakery & sides, and sandwiches. It is also the operator and developer of Popeyes brand in Mainland China. The firm has two reportable segments; Tim Hortons which generates key revenue, and Popeyes. The company's revenue is derived from its operations in the PRC.

Asia

Penny Stocks

Restaurants

Markets

General

LKNCY

SBUX

THCH

YUMC

Key Takeaways:


	DPC Dash reported strong double-digit revenue growth in the first half of 2024, as it opened 146 net new restaurants in China, bringing its total to 914
	The exclusive master franchisee for Domino’s Pizza in China became profitable during the period on both a reported and adjusted basis for the first time




DPC Dash Finds Savory Growth In China&#39;s Underserved Markets

Key Takeaways:


	TH International will return China rights for Popeyes to the brand’s owner and focus on developing its core Tim Hortons chain in China
	The company concurrently announced $50 million in new funding, providing an important financial cushion as it suffers in a brutal Chinese coffee price war


By Doug Young

TH International Dumps Popeyes To Focus On Struggling Tim Hortons

Equities

News

Movers

Restaurant Brands International  announced two strategic transactions in China. The company acquired Popeyes China and co-invested with Cartesian Capital in TH International, known as Tims China. .

Big Moves In China: Restaurant Brands Sizzles With Popeyes China, Tims China Deals

TH International Limited - Ordinary shares

TH International Ltd

Press Releases

Tims China Partners with Panda Superstar Meng Lan to Celebrate Bagel Maverick

Tims China to participate in and sponsor the Upcoming Fourth ESG Global Leaders Summit

Tims China Announces Q3 2024 Results Date & Conference Call

Tims China Joins ESG Global Leaders Summit

Earnings

Tims China Announces Third Quarter 2024 Financial Results

This Thanksgiving, Tims China Spreads Warmth with Pay-It-Forward "Timsgiving" Campaign

Tims China Opens First Store in Nanchang

Tims China Launches "Light Bagel Sandwich Lunch Box Series"

Tims China Celebrates Sixth Anniversary: Classic Donuts Return with Chinese "Double Double" Upgrade

Tims China to Participate in Upcoming Conferences

TSX:QSR

Ark Restaurants

Flanigan's Enterprises, Inc. Common Stock

Flanigan'S Enterprises

Bloomin Brands

BT Brands

Denny's

Dine Brands Global

FAT Brands

GEN Restaurant Group, Inc. - Class A Common Stock

GEN Restaurant Group

Good Times Restaurants Inc. - Common Stock

Good Times Restaurants

Jack In The Box

Kura Sushi USA, Inc. - Class A Common Stock

Kura Sushi USA

El Pollo Loco Holdings, Inc. - Common Stock

El Pollo Loco Holdings

Nathan's Famous

Noodles

Potbelly

Premium Catering (Holdings) Limited - Ordinary Shares

Premium Catering (Hldgs)

Rave Restaurant Group, Inc. - Common Stock

Rave Restaurant Group

Red Robin Gourmet Burgers, Inc. - Common Stock

Red Robin Gourmet Burgers

Serve Robotics

The ONE Group Hospitality, Inc. - Common Stock

One Group Hospitality

Twin Hospitality Group Inc. - Class A Common Stock

Twin Hospitality Group

Venu Holding

Yoshiharu Global Co. - Class A Common Stock

Comments

TH International

Popular Channels

Tools & Features

Partners & Contributors

About Benzinga