Browse the latest corporate news from Tim Hortons.
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Tim Hortons new espresso Iced Lattes now available at just $2
April 23, 2012 // Franchising.com // OAKVILLE, ON - Today, Tim Hortons announces a refreshing new addition to its line of Tim's Café Favourites: Iced Lattes. Made with premium espresso from 100 per cent Arabica beans, fresh 2 per cent milk and poured over ice, the new Iced Lattes are now available for just $2 (small size) at participating Tim Hortons locations.
This easy-sipping drink is an ideal choice for customers looking for an afternoon pick-me-up that offers a sense of decadence. Made with a shot of espresso, Tim Hortons Iced Lattes have a bolder coffee taste and are sweetened and served over ice.
Available in a range of flavours, the new Iced Latte selections include:
Regular Iced Latte
Flavoured Iced Latte (with a shot of caramel, vanilla, hazelnut or mint chocolate)
Iced Mocha Latte (with rich cocoa, whipped topping, and chocolate drizzle)
Iced Latte Supreme (with a shot of caramel, vanilla, hazelnut or mint chocolate, finished with whipped topping, and chocolate drizzle)
Starting at just $2, these beverages offer Tim Hortons' guests a delectable choice, at a value price... |
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New web-based tool helps groups order their favourite Tim Hortons beverages.
Oakville, ON (April 17, 2012) - Is it your turn to go for a 'Timmy Run' at the office today? A new web-based Tim Hortons application called TimmyRunT is your new best friend. Launched today, TimmyRunT combines beverage orders for up to 20 people and helps the coffee 'runner' with taking orders and handing them out when they get back.
Available in Canada and the United States at www.timmyrun.com, the website allows users to order and customize Tim Hortons' full beverage menu, as well as access order lists and opt into coffee runs on a mobile device.
"Most of us have taken part in a Timmy Run before, either as a volunteer runner or a recipient," said Glenn Hollis, Vice President of Brand Marketing and Advertising, Tim Hortons... |
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Thrill to the chill for just $1
April 17, 2012 // Franchising.com // OAKVILLE, ON - Canadians should brace themselves for an icy thrill when they visit Tim Hortons restaurants. Today, Tim Hortons launches the ultimate, tangy refresher: New Frozen Lemonade. Made with real lemon, the chilling new beverage is available in two delicious flavours: original and raspberry-flavoured lemonade. Both are fat-free and available all summer long for only $1 (small size).
According to the experts, Canadians may experience some physical changes when they drink an icy, cold Tim Hortons Frozen Lemonade. Dr. Stephen Cheung, Canada Research Chair, and Professor of Kinesiology at Brock University, reports that the impact of extreme cold on the body can produce a variety of physiological responses... |
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Making a True Difference™ for Individuals, Communities and The Planet - Every Day
DUBLIN, OH, April 5, 2012/PRNewswire/ - Tim Hortons today released its second annual 2011 sustainability and responsibility report titled Making a True Difference™, outlining the company's fiscal year 2011 performance against goals and commitments set in 2009.
The company made firm commitments and reported results focusing on three sustainability pillars which include individuals, communities and the planet.
"Sustainability and responsibility is a key corporate priority for Tim Hortons and although we've had many initiatives in place for many years, this is only our second year formally reporting and sharing our performance publicly," said Paul House, Executive Chairman, President and CEO, Tim Hortons... |
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April 04, 2012 // Franchising.com // Oakville, ON - Drive-thrus at close to 100 co-branded Tim Hortons and Cold Stone Creamery restaurants across Canada will now be serving premium Cold Stone Creamery ice cream treats.
"More than half of Tim Hortons' guests use the convenience of a drive-thru every day. Now, those guests on-the-go can also pick up some Cold Stone Creamery ice cream," said Nick Javor, Senior Vice President, Tim Hortons. "We're maintaining our speedy service by offering our popular ice cream creations at the drive-thru, like Oreo® Indulgence, Cookie Cookie Dough DoughT and Peanut Butter Chocolate as well as our very popular ice cream cookie sandwiches. Families can now grab a delicious, cool ice cream snack and keep on going... |
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All 30 individual NHL team logo designs available online only for a limited time.
Oakville, ON (February 8, 2012) - Canadians have yet another way to show off their team pride and support their favourite NHL® team, whether it's the Toronto Maple Leafs® or the 2011 Stanley Cup® champions, the Boston Bruins®. Starting today, all 30 NHL teams have their own individual Tim Hortons Tim Card, available at timhortons.com. A Tim Card featuring all 30 NHL team logos is also available.
The limited edition cards come pre-loaded with $15 CDN and when registered at timhortons.com, can be easily and conveniently re-loaded. Earn some street cred with your fellow hockey fans by ordering these coveted collectibles before they're gone... |
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January 19, 2012 // Franchising.com // OAKVILLE, ON - Tim Hortons announced it will be brewing its biggest cup yet, with this month's introduction of a brand new extra large cup. Beginning January 23rd, the new cup will offer coffee lovers across Canada a premium quality, extra large coffee at a value price.
To accommodate the brand new cup, the names of the other hot cup sizes have shifted: the original small is now extra small, the medium is now small and so forth. The change in names of the hot cup sizes will apply to all hot beverages - guests will still receive the same amount of coffee for the same price, only the name of the size has changed.
"We tested the names of the new hot cup sizes with our guests and the response has been overwhelmingly positive... |
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First Canadian QSR to introduce "closed-loop" program, turning hot beverage cups into take-out trays
Public asked to use new recycling units to help divert cups from landfills
Debert, NS (October 20, 2011) - Tim Hortons and its Nova Scotia recycling partners announced today, during National Waste Reduction Week, an effective way to recycle Tim Hortons' hot beverage cups into Tim Hortons take-out trays - trays that can be recycled into more trays. With this made-in-Nova Scotia Cup-to-Tray program, Tim Hortons becomes the first quick-service restaurant in Canada to "close the loop" and recycle used cups into another product it uses.
Over the past two years, Tim Hortons has been working with Scotia Recycling Limited to collect cups at all 156 traditional Tim Hortons restaurants across Nova Scotia and deliver them to Hantsport-based paper product manufacturer CKF Inc... |
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All donations, along with entire coffee proceeds will help send even more kids to camp June 01, 2011 // Franchising.com // Wednesday, June 1 is Tim Hortons Camp Day! Camp Day is the one day each year when every penny from coffee sales at Tim Hortons Restaurants is donated to the Tim Horton Children's Foundation.
On Camp Day, when guests buy a coffee and participate in various fundraising activities, they will help send more than 14,000 kids on the camping adventure of a lifetime. Campers aged nine to 12 years attend a 10-day summer camp session or a seven-day winter camp session, at one of the Foundation's six camps in Canada and the United States. Children are selected by Tim Hortons Restaurant Owners who work closely with local youth organizations and schools to identify kids who would most benefit from an experience at camp... |
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Famous coffee, donuts now available for Penguins and Islanders fans DUBLIN, OH /PRNewswire/ - Tim Hortons and hockey go together like coffee and donuts. Now NHL fans in Pittsburgh and Long Island, NY can enjoy them all.
Tim Hortons, the fourth largest quick service restaurant chain in North America, has signed agreements to serve its always fresh coffee, cappuccinos and "Timbit™" donut holes at Consol Energy Center, home of the Pittsburgh Penguins, and Nassau Coliseum, home of the New York Islanders.
Fans attending home games of the Buffalo Sabres, Detroit Red Wings and Columbus Blue Jackets already enjoy Tim Hortons' products. The Consul Energy Center is the first Tim Hortons' location in Pittsburgh. Nassau Coliseum is the first location on Long Island... |
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(All amounts in Canadian dollars)
OAKVILLE, ON /PRNewswire-FirstCall/ - During the Tim Hortons Inc. (TSX: THI, NYSE: THI) investor conference today, president and CEO Don Schroeder and other members of the executive team will outline strategic growth catalysts designed to build on Tim Hortons position as a leader in the North American restaurant industry. We will also outline our financial and operational outlook during the event.
The Tim Hortons strategic plan targets investments and opportunities designed to leverage our core business strengths and business model to drive future growth. In addition to same-store sales growth drivers, the Company expects to open approximately 900 new locations in North America between 2010 to 2013... |
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(Unaudited. All amounts in Canadian dollars)
Financial & Sales Highlights
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2009 2008
% Full Full %
Q4 2009 Q4 2008 Change Year Year Change
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Revenues $ 615.3 $ 563.7 9.2% $2,242.1 $2,043.7 9.7%
Operating
income(1)(3) $ 139...
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(All amounts in Canadian dollars)
Strong sales performance in Canada and the U.S.;
Earnings incorporate impact of reorganization
as a Canadian public company
Financial & Sales Highlights
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Third Quarter Ended Q3 2009 Q3 2008 % Change
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Revenues $ 563.6 $ 509.0 10.7%
Operating Income $ 129... |
September 23, 2009 at 11:00AM PDT | Source: Tim Hortons |
Canadian public company transaction scheduled to become effective September 28th, 2009
OAKVILLE, ON, Sept. 22 /PRNewswire-FirstCall/ - Tim Hortons Inc. (NYSE: THI, TSX: THI) announced voting results on a proposed merger transaction (the "merger") to reorganize the Company as a Canadian public company, before its stockholders at the Special Meeting of Stockholders held earlier today. A total of approximately 74% of the 180,680,748 common shares of the Company entitled to vote at the meeting were voted, with approximately 99% in favor of the transaction.
Absent any unforeseen circumstances, Tim Hortons expects to proceed with the completion of the transaction, with the merger and reorganization to become effective on September 28th, 2009... |
September 07, 2009 at 10:00AM PDT | Source: Tim Hortons |
OAKVILLE, ON, Sept. 4 /PRNewswire-FirstCall/ - Tim Hortons Inc. (NYSE: THI, TSX: THI) management will be presenting on Thursday, September 10th, 2009 at 4:20 pm BST (11:20 a.m. ET) at the UBS Best of Americas conference in London, UK.
A live audio web cast and copy of the presentation will be available at www.timhortons-invest.com under the Events and Presentations tab, and will be archived in the same section for a period of three months.
Tim Hortons Inc. OverviewTim Hortons is the fourth largest publicly-traded quick service restaurant chain in North America based on market capitalization, and the largest in Canada. Tim Hortons appeals to a broad range of consumer tastes, with a menu that includes premium coffee, flavored cappuccinos, specialty teas, home-style soups, fresh sandwiches, donuts and fresh baked goods... |
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Positive sales and earnings growth despite continued challenging economic
conditions
(All amounts in Canadian dollars)
Financial & Sales Highlights
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Second Quarter Ended Q2 2009 Q2 2008 % Change
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Revenues $ 556.1 $ 510.7 8.9%
Operating Income(1) $ 121.9 $ 117.6 3.7%
Effective Tax Rate(1) 33... |
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(All amounts in Canadian dollars)
OAKVILLE, ON, May 7 /PRNewswire-FirstCall/ - Tim Hortons Inc. (NYSE: THI, TSX: THI) today announced the Board of Directors has declared a dividend of $0.10 per share payable on June 16th, 2009 to shareholders of record as of June 2nd, 2009. The Company's current dividend policy is to pay a total of 20%-25% of prior year, normalized annual net earnings in dividends each year, returning value to shareholders based on the Company's earnings growth.
Dividends are paid in Canadian dollars to all shareholders with Canadian resident addresses whose shares are registered with Computershare (the Company's transfer agent). For all other shareholders, including all shareholders who hold their shares indirectly (i... |
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Positive same-store sales growth results in 7.8% operating income
increase to $104.9 million
(All amounts in Canadian dollars)
Financial & Sales Highlights
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First Quarter Ended Q1 2009 Q1 2008 % Change
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Revenues $ 507.2 $ 460.3 10.2%
Operating Income(1) $ 104.9 $ 97.3 7.8%
Effective Tax Rate(1) 33...
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OAKVILLE, ON, April 17 /PRNewswire-FirstCall/ - Tim Hortons Inc. (NYSE: THI, TSX: THI) today announced the timing of its first quarter 2009 results and conference call and annual meeting of stockholders.
The Company will release its first quarter results on Thursday May 7th, 2009. A conference call to discuss the results is scheduled to begin at 1:30 p.m. (EDT). The dial-in number is (416) 641-6712 or (800) 354-6885. No access code is required. A simultaneous web cast will be available at www.timhortons-invest.com. The call will also be archived at that site for a period of one-year in the Events and Presentations section. A replay of the call will be available until May 14th, 2009 and can be accessed at (416) 626-4100 or (800) 558-5253... |
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Solid performance in core Canadian business; operating income lower due to previously announced restaurant closures and related asset impairment charge
(All amounts in Canadian dollars)
Financial & Sales Highlights
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% 2008 Full 2007 Full %
Q4 2008 Q4 2007 Change Year Year Change
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Revenues $ 563.7 $ 515.4 9.4% $2,043... |
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Tim Hortons is a coffee-and-doughnut fast food restaurant chain largely based in Canada. Founded in Hamilton, Ontario, in 1964, the store rapidly expanded across Canada to become the country's largest quick-service food chain.
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