{"id":62786,"date":"2025-08-07T16:30:36","date_gmt":"2025-08-07T16:30:36","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/08\/07\/tim-hortons-drives-second-quarter-growth-at-parent-restaurant-brands\/"},"modified":"2025-08-07T16:30:36","modified_gmt":"2025-08-07T16:30:36","slug":"tim-hortons-drives-second-quarter-growth-at-parent-restaurant-brands","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/08\/07\/tim-hortons-drives-second-quarter-growth-at-parent-restaurant-brands\/","title":{"rendered":"Tim Hortons drives second quarter growth at parent Restaurant Brands"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<br \/><br \/>\n<iframe loading=\"lazy\" title=\"Amazon taps into Canadian patriotism\" width=\"1080\" height=\"608\" src=\"https:\/\/www.youtube.com\/embed\/W30Y3AISp4c?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><br \/>\n<\/iframe><\/p>\n<p> Restaurant Brands International Inc.<\/p>\n<p>                         reported improved sales led by the <\/p>\n<p>                        Tim Hortons<\/p>\n<p>                         brand and its international businesses in the second quarter, as the industry sees <\/p>\n<p>                        consumer confidence<\/p>\n<p>                         start to bounce back. <\/p>\n<p> The company recorded total revenues of US$2.4 billion in the quarter ended June 30, up from US$2.08 billion in the prior year and above consensus of US$2.3 billion. <\/p>\n<p> \u201cWhile consumer environment remains dynamic, we\u2019ve seen encouraging signs of improvement across many of our largest businesses,\u201d chief executive Josh Kobza said during the company\u2019s earnings call on Thursday. <\/p>\n<p> RBI reported consolidated system-wide sales growth of 5.3 per cent, up from five per cent a year ago. System-wide sales were US$11.85 billion, up from US$11.25 billion. <\/p>\n<p> Second quarter adjusted operating income of US$668 million was in line with consensus of US$664 million and up from the previous year\u2019s US$632 million. <\/p>\n<p> Tim Hortons and International segments together accounted for nearly 70 per cent of RBI\u2019s adjusted operating income, doing most of the heavy lifting in the quarter. <\/p>\n<p> The iconic Canadian brand, which accounts for 40 per cent of the company\u2019s revenue, had total revenue of US$1.08 billion, a slight increase from US$1.03 billion in 2024. <\/p>\n<p> Tim Hortons reported adjusted operating income of US$278 million, up from US$269 million. <\/p>\n<p> \u201cWe also saw solid improvement across the rest of the business and I feel confident in our ability to build on that momentum in the second half of the year,\u201d Kobza said. <\/p>\n<p> RBI\u2019s overall comparable sales grew to 2.4 per cent from 1.9 per cent in the second quarter. <\/p>\n<p> This includes comparable sales growing to 3.4 per cent at Tim Hortons and\u00a03.6 per cent at Tim Hortons Canada, a slight slowdown from the previous year\u2019s 4.6 per cent and 4.9 per cent growth, respectively. <\/p>\n<p> Kobza said this is Tim Horton\u2019s 17th consecutive quarter of positive comparable sales in Canada. He said the brand is making progress on development and remains on track to return to modest net restaurant growth in Canada in 2025. <\/p>\n<p> \u201cThis quarter marked a clear return to consistent performance we\u2019ve come to expect from the Tim\u2019s brand,\u201d he said. <\/p>\n<p> Chief financial officer Sami Siddiqui said the company is seeing some\u00a0normalization in coffee prices following a period of historic highs, which he said is\u00a0welcome news for the Tim Hortons business, where coffee accounts for around 15 per cent of the commodity basket. <\/p>\n<p> Siddiqui said they\u2019re pleased to see improvements from Q1 to Q2 in the Canada trends. <\/p>\n<ul class=\"related_links\">\n<li>Tim Horton&#8217;s parent misses estimates as consumer confidence dips<\/li>\n<li>Tim Hortons parent doubles earnings on stronger sales<\/li>\n<\/ul>\n<p> He said Tim Hortons has been \u201cdoing really well consistently,\u201d but has also seen some sequential improvement in consumer confidence indices throughout the second quarter and into the third quarter. <\/p>\n<p> <em>\u2022 Email: dpaglinawan@postmedia.com<\/em> <\/p>\n\n<br \/>Tim Hortons drives second quarter growth at parent Restaurant Brands<\/a><br \/>\n<br \/>2025-08-07 16:30:36<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Restaurant Brands International Inc. reported improved sales led by the Tim Hortons brand and its international businesses in the second quarter, as the industry sees consumer confidence start to bounce&#8230;<\/p>\n","protected":false},"author":2,"featured_media":62787,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/smartcdn.gprod.postmedia.digital\/financialpost\/wp-content\/uploads\/2025\/08\/no0807timhortons.jpg","fifu_image_alt":"","footnotes":""},"categories":[31],"tags":[],"class_list":["post-62786","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/62786","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=62786"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/62786\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/62787"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=62786"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=62786"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=62786"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}