| TH International Limited (THCH) Q4 2024 Earnings Call Transcript |
TH International Limited (NASDAQ:THCH ) Q4 2024 Results Conference Call April 15, 2025 8:00 AM ET Company Participants Gemma Bakx - Head, Investor Relations Yongchen Lu - Chief Executive Officer & Director Albert Li - Chief Financial Officer Conference Call Participants Steve Silver - Argus Research Corporation Operator Ladies and gentlemen, welcome to Tims China's Fourth Quarter 2024 Earnings Conference Call. [Operator Instructions] Today's conference is being recorded. |
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2025-04-15 19:12:04 |
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| Tims China to Participate in Upcoming Conferences |
SHANGHAI and NEW YORK, March 06, 2025 (GLOBE NEWSWIRE) -- TH International Limited (NASDAQ THCH), the exclusive operator of Tim Hortons coffee shops in China (“Tims China” or the “Company”) will be attending and participating in the following upcoming conferences: |
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2025-03-06 02:53:00 |
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| Tims China Celebrates Sixth Anniversary: Classic Donuts Return with Chinese “Double Double” Upgrade |
SHANGHAI, Feb. 25, 2025 (GLOBE NEWSWIRE) -- On February 26, TH International Limited (NASDAQ: THCH), the exclusive operator of Tim Hortons coffee shops in China (“Tims China” or the “Company”) will mark its sixth year of operations in China. Over the last six years, Tims China has achieved remarkable milestones, including its NASDAQ listing and the opening of over 1,000 stores across 82 cities. The brand has distinguished itself in China's competitive coffee market with its unique "Coffee + Warm Food" strategy, establishing itself as a leading brand. |
globenewswire.com |
2025-02-25 02:01:00 |
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| Tims China Launches "Light Bagel Sandwich Lunch Box Series" |
SHANGHAI, Feb. 18, 2025 (GLOBE NEWSWIRE) -- TH International Limited (NASDAQ: THCH), the exclusive operator of Tim Hortons coffee shops in China (“Tims China” or the “Company”) today announced the launch of its "Light Bagel Sandwich Lunch Box Series", enhancing its commitment to providing high-quality, convenient coffee and warm, healthy food experiences. Centered around a bagel sandwich + salad + coffee combination, this new lunch offering targets urban consumers seeking convenient and healthy meal options, tapping into a new trend in healthy Western-style lunches. |
globenewswire.com |
2025-02-18 05:03:00 |
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| TH International: Tim Hortons' Rocky Road In China |
Tim Hortons excels in North America but struggles in China, facing intense competition and a price war, impacting its unit-level margins. TH International is shifting to an asset-light model, increasing sub-franchises to reduce costs and expand its footprint despite declining same-store sales. Financially, TH International shows improved margins but remains unprofitable, relying on debt to sustain operations, raising concerns about long-term viability. |
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2025-02-08 11:18:37 |
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| Tims China Opens First Store in Nanchang |
SHANGHAI, Jan. 27, 2025 (GLOBE NEWSWIRE) -- TH International Limited (NASDAQ: THCH), the exclusive operator of Tim Hortons coffee shops in China (“Tims China” or the “Company”), is thrilled to announce the grand opening of its first store in Nanchang, Jiangxi Province. This milestone further solidifies Tims China's nationwide presence, extending its footprint to 27 of the country's 34 province-level geographies. |
globenewswire.com |
2025-01-27 02:27:00 |
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| This Thanksgiving, Tims China Spreads Warmth with Pay-It-Forward “Timsgiving” Campaign |
SHANGHAI, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Over the past week, Tims China's coffee shops across the country have been filled with the spirit of gratitude and celebration, spurred on by the inaugural “Timsgiving” campaign. |
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2024-12-03 01:31:00 |
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| TH International Limited (THCH) Q3 2024 Earnings Call Transcript |
TH International Limited (NASDAQ:THCH ) Q3 2024 Earnings Conference Call November 12, 2024 8:00 AM ET Company Participants Gemma Bakx - Head, Investor Relations Yongchen Lu - Chief Executive Officer and Director Albert Li - Chief Financial Officer Conference Call Participants Steve Silver - Argus Research Corporation Operator Ladies and gentlemen, welcome to Tims China Third Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode during management's prepared remarks and there will be a question-and-answer session to follow. |
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2024-11-12 12:07:05 |
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| Tims China Announces Third Quarter 2024 Financial Results |
Achieved Consecutive Adjusted Corporate EBITDA 1 Profitability Generated Highest-ever Company Owned and Operated Store Contribution Margin 4 of 13.3% SHANGHAI and NEW YORK, Nov. 12, 2024 (GLOBE NEWSWIRE) -- TH International Limited (Nasdaq: THCH), the exclusive operator of Tim Hortons coffee shops in China (“Tims China” or the “Company”) today announced its unaudited financial results for the third quarter 2024. THIRD QUARTER 2024 HIGHLIGHTS Total revenues of RMB359.6 million (USD51.3 million), representing a 17.1% decrease from the same quarter of 2023. |
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2024-11-12 07:45:00 |
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| Tims China Joins ESG Global Leaders Summit |
SHANGHAI, Oct. 17, 2024 (GLOBE NEWSWIRE) -- TH International Limited (NASDAQ THCH), the exclusive operator of Tim Hortons coffee shops in China (“Tims China” or the “Company”) participated in the Fourth ESG Global Leaders Summit in Shanghai this week. |
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2024-10-18 03:21:00 |
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| Tims China Announces Q3 2024 Results Date & Conference Call |
SHANGHAI, and NEW YORK, Oct. 17, 2024 (GLOBE NEWSWIRE) -- TH International Limited (“Tims China” (Nasdaq: THCH)), the exclusive operator of Tim Hortons coffee shops in China, plans to release its third quarter results before market opening on Tuesday November 12, 2024, with a conference call to follow at 8:00 AM EST or 9:00 PM China Standard Time. The conference call will be webcast, and can be accessed on the company website at https://ir.timschina.com/events-presentations/presentations-webcasts. |
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2024-10-18 00:12:00 |
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| Tims China to participate in and sponsor the Upcoming Fourth ESG Global Leaders Summit |
SHANGHAI, Oct. 14, 2024 (GLOBE NEWSWIRE) -- TH International Limited (NASDAQ THCH), the exclusive operator of Tim Hortons coffee shops in China (“Tims China” or the “Company”) will be participating in the Fourth ESG Global Leaders Summit in Shanghai from Wednesday, October 16 through Friday, October 18. Tims China is the coffee sponsor of the conference. |
globenewswire.com |
2024-10-15 02:22:00 |
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| Tims China Partners with Panda Superstar Meng Lan to Celebrate Bagel Maverick |
SHANGHAI and NEW YORK, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Meng Lan, the beloved panda superstar, isn't just adored for his round, cuddly appearance—he symbolizes much more. Born to a lineage of famous pandas, Meng Lan's “celebrity pedigree” and adventurous personality have made him a cultural icon in China. Whether he's scaling fences, digging tunnels, or playfully interacting, Meng Lan embodies a free spirit that resonates deeply with the public. Nicknamed the "3rd Prince," his antics and charm have conquered the hearts of fans nationwide. |
globenewswire.com |
2024-09-05 09:43:00 |
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| TH International Limited (THCH) Q2 2024 Earnings Call Transcript |
TH International Limited (NASDAQ:THCH ) Q2 2024 Earnings Call Transcript August 29, 2024 8:00 AM ET Company Participants Gemma Bakx - IR Yongchen Lu - CEO and Director Albert Li - CFO Conference Call Participants Steve Silver - Argus Research Corporation Operator Ladies and gentlemen, welcome to the Tims China's Second Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode during management's prepared remarks and then will be question-and-answer session to follow. |
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2024-08-29 22:07:08 |
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| Tims China Announces Second Quarter 2024 Financial Results |
Achieved First-ever Quarterly Adjusted Corporate EBITDA 1 Profitability Generated Highest-ever Adjusted Store EBITDA Margin of 10.3% SHANGHAI and NEW YORK, Aug. 29, 2024 (GLOBE NEWSWIRE) -- TH International Limited (Nasdaq: THCH), the exclusive operator of Tim Hortons coffee shops in China (“Tims China” or the “Company”), today announced its unaudited financial results for the second quarter 2024. SECOND QUARTER 2024 HIGHLIGHTS Total revenues of RMB366.8 million (USD50.5 million), representing a 10.9% decrease from the same quarter of 2023. |
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2024-08-29 11:17:00 |
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| Tims China Registration & Webcast details for Q2 2024 Results Conference Call on Thursday, August 29, 2024 |
SHANGHAI and NEW YORK, Aug. 26, 2024 (GLOBE NEWSWIRE) -- TH International Limited (“Tims China” (Nasdaq: THCH)), the exclusive operator of Tim Hortons coffee shops in China, plans to release its second quarter results before market opening on Thursday, August 29, 2024, with a conference call to follow at 8:00 AM EDT or 8:00 PM China Standard Time. |
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2024-08-26 09:48:00 |
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| Tims China Announces Q2 2024 Results Date & Conference Call |
SHANGHAI and NEW YORK, Aug. 13, 2024 (GLOBE NEWSWIRE) -- TH International Limited (“Tims China” (Nasdaq: THCH)), the exclusive operator of Tim Hortons coffee shops in China, plans to release its second quarter results before market opening on Thursday, August 29, 2024, with a conference call to follow at 8:00 AM EDT or 8:00 PM China Standard Time. The conference call will be webcast, and can be accessed on the company website at https://ir.timschina.com/events-presentations/presentations-webcasts. |
globenewswire.com |
2024-08-13 06:43:00 |
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| Tims China Receives Nasdaq Notice; Files 6-K |
SHANGHAI and NEW YORK, July 25, 2024 (GLOBE NEWSWIRE) -- On July 19, 2024, TH International Limited, (Nasdaq:THCH), the exclusive operator of Tim Hortons coffee shops in China (“Tims China” or the “Company”) , received a notice (the “Notice”) from the Nasdaq Stock Market LLC (“Nasdaq”), stating that the Company's ordinary shares, par value $0.00000939586994067732 per share (the “ordinary shares”), fail to comply with the $1.00 minimum bid price requirement for continued listing on Nasdaq in accordance with Nasdaq Listing Rule 5550(a)(2) based upon the closing bid price of the ordinary shares for the 30 consecutive business days prior to the date of the Notice. |
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2024-07-26 01:40:00 |
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| Tims China Announces Significant Financing from Founding Shareholders |
SHANGHAI, China and NEW YORK, July 01, 2024 (GLOBE NEWSWIRE) -- TH International Limited (“Tims China” (Nasdaq: THCH)), the exclusive operator of Tim Hortons coffee shops in China, secured an aggregate of up to $65 million of financing and additional funding from its founding shareholders, Cartesian Capital Group, LLC (“Cartesian”) and Restaurant Brands International Inc. (“RBI” (NYSE: QSR)). |
globenewswire.com |
2024-07-01 12:15:00 |
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| Restaurant Brands International Announces Investments to Drive Growth in China |
RBI Acquires Popeyes China and Plans to Accelerate Growth Co-investment alongside Cartesian Capital in Tims China Business TORONTO , July 1, 2024 /PRNewswire/ - Restaurant Brands International Inc. (TSX: QSR) (NYSE: QSR) (TSX: QSP) ("RBI", "Company") announced today two transactions in China, the acquisition of Popeyes China, and the co-investment with Cartesian Capital into the business of TH International Limited ("Tims China") (NASDAQ: THCH). The two transactions reflect RBI's confidence in China, one of the largest QSR markets globally, and its commitment to drive growth in the market. |
prnewswire.com |
2024-07-01 12:13:00 |
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| Tims China Announces First Quarter 2024 Financial Results |
Resilient Total Revenues Increased 3.1% Year over Year for the First Quarter 2024 System Sales Increased 7.1% Year-over-Year for the First Quarter 2024 Continuous Margin Improvement with Seven Consecutive Positive Quarterly Adjusted Store EBITDA 20.3 Million Registered Loyalty Club Members at Quarter-End, Representing 63.6% Year-over-Year Growth SHANGHAI and NEW YORK, June 05, 2024 (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 2024. FIRST QUARTER 2024 HIGHLIGHTS Total revenues reached RMB346.8 million (USD48.0 million), representing a 3.1% increase from the same quarter of 2023. |
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2024-06-05 10:28:00 |
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| Tims China to Participate in Upcoming Conference |
Shanghai, China and New York, New York--(Newsfile Corp. - April 29, 2024) - TH International Limited (NASDAQ: THCH), the exclusive operator of Tim Hortons coffee shops and Popeyes restaurants in China ("Tims China" or the "Company") will be attending and participating in the following upcoming conference: Wednesday May 15: EF Hutton Annual Global Conference 2024 in New York City. Yongchen Lu, CEO and Director, Greg Armstrong, Director, and Gemma Bakx, Investor Relations, will be meeting with investors throughout the day. |
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2024-04-29 13:00:00 |
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| TH International Limited (THCH) Q4 2023 Earnings Call Transcript |
TH International Limited (NASDAQ:THCH ) Q4 2023 Earnings Call Transcript April 18, 2024 8:00 AM ET Company Participants Gemma Bakx - IR Yongchen Lu - CFO Albert Li - CFO Conference Call Participants Steve Silver - Argus Research Corporation Operator Ladies and gentlemen, welcome to Tims China Fourth Quarter and Full Year 2023 Earnings Conference Call. All participants will be in listen-only mode during management's prepared remarks and there will be a question-and-answer session to follow. |
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2024-04-18 15:25:26 |
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| Tims China Announces Fourth Quarter and Full Year 2023 Financial Results |
Total Revenues Increased 29.8% Year-over-Year for the Fourth Quarter, 55.9% Year-over-Year Growth for the Full Year 2023 |
globenewswire.com |
2024-04-18 09:44:00 |
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| Tims China Announces Earnings Release Date For Q4 and Full Year 2023 Results & Conference Call |
SHANGHAI, China and NEW YORK, April 16, 2024 (GLOBE NEWSWIRE) -- TH International Limited (“Tims China” (Nasdaq: THCH)), the exclusive operator of Tim Hortons coffee shops and Popeyes restaurants in China, will release its fourth quarter and full year results before market opening on Thursday, April 18, 2024. |
globenewswire.com |
2024-04-16 11:35:00 |
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| Tims China Surpasses 20 Million Loyalty Club Members |
SHANGHAI, China and NEW YORK, April 09, 2024 (GLOBE NEWSWIRE) -- TH International Limited (“Tims China” (Nasdaq: THCH)), the exclusive operator of Tim Hortons coffee shops and Popeyes restaurants in China, surpassed 20 million registered loyalty club members on March 31, 2024. |
globenewswire.com |
2024-04-10 02:05:00 |
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