Thursday, May 7, 2009

Tim Hortons Inc. Announces 2009 First Quarter Results

The King of coffee and donuts

Highlights ----------
- First quarter systemwide sales(3) increased 6.6% on a constant currency basis
- 28 new locations opened in first quarter, 20 in Canada and 8 in the U.S.
- Board declares quarterly dividend of $0.10 per share
- Board approves reorganization as a Canadian public company subject to shareholder approval and satisfaction of additional conditions; share repurchase program deferred in a related decision

5yr performance
http://www.timhortons.com/us/en/about/5-year.html

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