TH International Ltd/Cayman Islands

TH International Ltd. is a holding company, which through its subsidiaries, engages in the commercial franchising of Tim Hortons coffee shops in mainland China, Hong Kong, and Macau. It operates the Tim Hortons restaurant chains, which offer coffee, tea, and baked goods such as donuts, cakes, breakfast bagels, croissants, toast and sandwiches. The company was founded in April 2018 and is headquartered in Shanghai, China.

Earnings data Q3 2022

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TH International Ltd achieves record revenue and expands into new markets

TH International Ltd delivered exceptional financial performance in Q2 2023, with record revenue, membership growth, and improved EBITDA, reflecting operational strength.
The company's strategic strengths lie in successful expansions, product innovation, and valuable partnerships, positioning it for continued success.
While facing challenges in a competitive market, TH International Ltd has opportunities for growth through new market entries, product offerings, and strategic collaborations.

TH International Ltd/Cayman Islands (THCH) achieves record growth and expands market presence

TH International Ltd/Cayman Islands (THCH) showcased robust financial performance, operational excellence, and strategic initiatives in Q3 2023. With a focus on innovation, digital transformation, and expansion into new markets, the company is well-positioned for continued growth and success. Challenges in maintaining growth momentum and navigating competitive pressures will require ongoing strategic adaptation and operational efficiency.

THCH achieves robust growth in Q4 2023, eyes digital expansion

TH International Ltd/Cayman Islands (THCH) delivered strong financial results for Q4 2023 and full year 2023, driven by top-line growth and strategic initiatives. While facing challenges in a competitive market, the company's focus on digital innovation and profitability enhancement positions it well for future growth and value creation.

THCH reports strong Q1 performance, eyes sustainable growth strategies

THCH's Q1 2024 earnings call showcased strong performance and highlighted key achievements in revenue growth, store openings, and franchise expansion. The company's focus on profitability, sustainability, and operational efficiency positions it well for future growth. Challenges include market competition, differentiation, and balancing expansion plans with productivity.

THCH reports Tims China's first profitable quarter, eyes growth opportunities

TH International Ltd/Cayman Islands (THCH) reported positive EBITDA margin for Tims China, despite revenue challenges. Strong focus on brand strength, operational efficiency, and profitable growth. Secured financing and completed store renovations to enhance offerings. Opportunities for growth through new store openings and marketing initiatives.

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Record- high Quarterly Revenue of RMB436.4 Million Represents 42.7% Year-over-Year Growth Record-high Adjusted Store EBITDA Margin of 7.5% SHANGHAI, China and NEW YORK, Nov. 15, 2023 (GLOBE NEWSWIRE) -- TH International Limited (Nasdaq: THCH), the exclusive operator of Tim Hortons coffee shops and Popeyes restaurants in China (“Tims China” or the “Company”) today announced its unaudited financial results for the Third quarter 2023. THIRD QUARTER 2023 HIGHLIGHTS Total revenues reached a quarterly record of RMB436.4 million (USD59.8 million), representing a 42.7% increase from the same quarter of 2022.

Tims China Announces Third Quarter 2023 Financial Results

Disney

Coca-Cola

The imminent possibility of a U.S. government shutdown has raised concerns among economists. Yet, our economy has consistently demonstrated resilience in the face of similar challenges.

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TH International (the exclusive franchisee of Tim Hortons coffee shops in China) has seen its stock hit new lows despite a clear improvement in fundamentals. Its same-store sales growth accelerated from 8.0% in 1Q23 to 20.4% in 2Q23 and the trailing 12-month store EBITDA margin increased from -7% in 2Q22 to +5% in 2Q23. The company is shifting its expansion strategy from company-owned to franchised stores.

TH International Limited: Updates Warranting Strong Buy (Part 1)

Total Revenues Increased 129.7 % Year-over-Year to a Record RMB411.7 Million for the Second Quarter 2023

Tims China Announces Second Quarter 2023 Financial Results

Tims China plans to open at least 10 Popeyes restaurants in Shanghai in the coming quarter and 1,700 across China over the next decade New Shanghai flagship restaurant features menu choices and a store design tailored to the Chinese market Tims China acquired the exclusive right to develop Popeyes® brand restaurants in mainland China in March 2023 SHANGHAI, China, Aug. 21, 2023 (GLOBE NEWSWIRE) -- TH International Limited (“Tims China” (Nasdaq: THCH)), the exclusive operator of Tim Hortons coffee shops and Popeyes restaurants in China, started the nationwide expansion of Popeyes in China on August 19 with the opening of its first flagship restaurant in Shanghai. A grand opening celebration and ribbon-cutting ceremony was held at the new restaurant in the heart of Shanghai's Huaihai commercial district.

Tims China Launches Nationwide Expansion of Popeyes® in China with Grand Opening of First Flagship Restaurant in Shanghai

Tims accelerates efficient growth through its strong franchise partnerships Tims accelerates efficient growth through its strong franchise partnerships

Tims China Generates 27% Same-store Sales Growth in June

TH International Ltd ( THCH , Financial), also known as Tims China, is the parent company of the exclusive master franchisee of Tim Horton's coffee shops for Restaurant Brands International Inc. ( TSX:QSR , Financial) ( QSR , Financial) in China, Hong Kong and Macau. Tims China was founded by Cartesian Capital Group and Tim Horton's Restaurants International, a subsidiary of Restaurant Brands International, which also owns the Burger King, Tim Horton's and Popeye's brands worldwide.

Tims China: Can It Win the Donut War?

Landmark Yinchuan Store Welcomes Guests with a Design Reflecting the City's Beauty Landmark Yinchuan Store Welcomes Guests with a Design Reflecting the City's Beauty

Tims China opens its 700th Store and expands in China's Northwest

SHANGHAI, China, June 20, 2023 (GLOBE NEWSWIRE) -- TH International Limited (“Tims China” (Nasdaq: THCH)), the exclusive operator of Tim Hortons coffee shops and Popeyes restaurants in China, announces a partnership with Oatly Group AB (Nasdaq: OTLY), the world's original and largest oat drink company. The partners have launched a new dairy-free ready-to-drink (RTD) oatmilk latte product line, the latest addition to Tims China's growing portfolio of convenient and tasty RTD beverages.

Tims China Announces Partnership with Oatly on RTD Oatmilk Latte

SHANGHAI, China and NEW YORK, June 14, 2023 (GLOBE NEWSWIRE) -- TH International Limited (“Tims China” or the “Company” (Nasdaq: THCH)), the exclusive operator of Tim Hortons coffee shops and Popeyes restaurants in China, today announced the successful completion of its previously announced exchange offer (the “Offer”) and consent solicitation (the “Consent Solicitation”) relating to its outstanding warrants.

Tims China Announces Completion of Exchange Offer and Consent Solicitation and Notice to Exercise Right to Exchange Remaining Outstanding Warrants

SHANGHAI, China and NEW YORK, June 12, 2023 (GLOBE NEWSWIRE) -- TH International Limited (“Tims China” or the “Company” (Nasdaq: THCH)), the exclusive operator of Tim Hortons coffee shops and Popeyes restaurants in China, today announced the successful results of its exchange offer (the “Offer”) and consent solicitation (the “Consent Solicitation”) relating to its outstanding warrants. The Offer and Consent Solicitation expired at 11:59 p.m., Eastern Time, on June 9, 2023.

Tims China Announces Successful Warrant Exchange Offer

SHANGHAI, China and NEW YORK, June 01, 2023 (GLOBE NEWSWIRE) -- TH International Limited (“Tims China” (Nasdaq: THCH)), the exclusive operator of Tim Hortons coffee shops and Popeyes restaurants in China, welcomed the news that the company was added to the MSCI China All Shares Small Cap Index on May 31, 2023.

Tims China Selected for Inclusion in the MSCI China All Shares Small Cap Index

Total Revenues Increased 49.8 % Year-over-Year for the First Quarter 2023 31 Net New Store Openings in the First Quarter, 648 System-Wide Stores at Quarter-End 12.4 Million Registered Loyalty Club Members at Quarter-End, Represents 79.3% Year-over-Year Growth Adjusted Store EBITDA Margin Increased 13.8 Percentage Points from the First Quarter 2022 to 1.9% Continued Recovery: 8.0% Same-store Sales Growth for Company Owned and Operated Stores in the First Quarter 2023, Including 17.1% in February and 19.4% in March SHANGHAI and NEW YORK, May 30, 2023 (GLOBE NEWSWIRE) -- TH International Limited (Nasdaq: THCH), the exclusive operator of Tim Hortons coffee shops and Popeyes restaurants in China (“Tims China” or the “Company”) today announced its unaudited financial results for the first quarter 2023. FIRST QUARTER 2023 HIGHLIGHTS Total revenues were RMB336.5 million (USD49.0 million), representing a 49.8% increase from the same quarter of 2022.

Tims China Announces First Quarter 2023 Financial Results

SHANGHAI, China and NEW YORK, May 12, 2023 (GLOBE NEWSWIRE) -- TH International Limited (“Tims China” (Nasdaq: THCH)), the exclusive operator of Tim Hortons coffee shops and Popeyes restaurants in China, today announced that it has commenced an exchange offer (the “Offer”) and consent solicitation (the “Consent Solicitation”) relating to its outstanding (i) public warrants to purchase ordinary shares of the Company, par value US$0.00000939586994067732 (the “Ordinary Shares”), which warrants trade on The Nasdaq Capital Market under the symbol “THCHW” (the “public warrants”), and (ii) private placement warrants to purchase Ordinary Shares (the “private placement warrants” and, together with the public warrants, the “warrants”). The purpose of the Offer and Consent Solicitation is to simplify the Company's capital structure and reduce the potential dilutive impact of the warrants, thereby providing the Company with more flexibility for financing its operations in the future.

Tims China Announces Commencement of Exchange Offer and Consent Solicitation Relating to Warrants

TH International ("Tims China") is the master franchisee of Tim Hortons and Popeyes in China. The company has ambitious plans to expand to over 2,750 restaurants by the end of 2026.

TH International: Consumption-Driven China Should Benefit Tims

SHANGHAI and NEW YORK, May 10, 2023 (GLOBE NEWSWIRE) -- TH International Limited (“Tims China” (Nasdaq: THCH)), the exclusive operator of Tim Hortons coffee shops and Popeyes restaurants in China, today announced that April 2023 same-store sales for company-owned and -operated stores grew by 16.3% compared to April 2022.

Tims China Reports Same-Store Sales Growth in April 2023 of 16.3% and Announces Participation in Spring Investor Conferences

SHANGHAI, China and NEW YORK, April 28, 2023 (GLOBE NEWSWIRE) -- TH International Limited (“Tims China” (Nasdaq: THCH)), the exclusive operator of Tim Hortons coffee shops and Popeyes restaurants in China today announced that it had filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2022 with the U.S. Securities and Exchange Commission (the “SEC”). The Annual Report on Form 20-F can be accessed on the Company's investor relations website at ir.timschina.com and on the SEC's website at www.sec.gov.

Tims China Files 2022 Annual Report on Form 20-F

Total Revenues Increased 34.6% Year-over-Year for the Fourth Quarter and 57.2% Year-over-Year for the Full Year 2022

Tims China Announces Fourth Quarter and Full Year 2022 Financial Results

SHANGHAI, China and NEW YORK, March 30, 2023 (GLOBE NEWSWIRE) -- TH International Limited (“Tims China”; Nasdaq: THCH) closed a milestone transaction on March 30, 2023 to become the exclusive operator and developer of the world-famous Popeyes ® brand in mainland China.

Tims China Announces Addition of Popeyes® Chicken Brand

SHANGHAI, China and NEW YORK, March 02, 2023 (GLOBE NEWSWIRE) -- TH International Limited (Nasdaq: THCH), the exclusive operator of Tim Hortons coffee shops in China (“Tims China” or the “Company”) today announced that it will participate in three investor conferences this month.

Tims China Announces Participation in Three Investor Conferences

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Creates powerhouse in China, bringing together two leading global QSR brands

Tims China Board Approves Combination with Popeyes China

Store opening in Zhongshan, Guangdong Province Store opening in Zhongshan, Guangdong Province

Tims China Opens 600th Store as it Expands to New Cities

TH International (AKA Tim Hortons China) is a pure China reopening and consumer recovery play, and more importantly the cheapest one. The stock of TH International tumbled over 70% after its SPAC merger in September 2022 and hasn't recovered since.

TH International Limited: Strong Buy

TH International Limited, commonly known as Tims China, is the master franchisee of Tim Hortons coffee houses in China. It has ambitious plans to open over 2,750 coffee houses by 2026.

News for TH International Ltd/Cayman Islands Stock (THCH)