Tim Hortons Outlines Strategic Growth Catalysts and Financial Outlook at Investor Conference
During the Tim Hortons Inc. (TSX: THI, NYSE: THI) investor conference, 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.
"Our strategies will continue to transform Tim Hortons, not only adding significant scale but also introducing important additional growth layers to our business platform to extend our position as a leader in the North American restaurant industry," said Don Schroeder, president and CEO. "We are a growth company with significant long-term opportunities in Canada, and we are also excited by the prospects of continued profitable growth in the U.S., and potentially internationally in the longer term," added Schroeder.
Growth catalysts and initiatives that will be outlined at the investor conference include:
- The Company plans to open approximately 900 locations in North
America between 2010 to 2013. The development in Canada of
approximately 600 new restaurants is focused on growth markets
including Qu
