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:
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.
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.
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.
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.
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.
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.
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.
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.
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.