Published 11 days ago • loading... • Updated 10 days ago

Tim Hortons has eye on consumer demand as U.S. tariff uncertainty weighs

Restaurant Brands reported strong quarterly revenue and profit, driven by Tim Hortons and Burger King, with shares rising about 3% in premarket trading.
Tim Hortons revenue increased to $1.03 billion for the quarter ended December 31, 2024, contributing 44.7% of the company's total revenue.
Tim Hortons plans to switch to Canadian suppliers due to potential U.S. Tariffs, aiming to reduce costs for franchisees.
The average Tim Hortons restaurant in Canada earned $305,000 in EBITDA in 2024, showing a nearly 9% increase from the previous year.

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The Toronto Star

As Trump tariffs loom, Tim Hortons scrambles to find Canadian suppliers

Coffee giant Tim Hortons says most of its shop supplies are sourced from Canada, but they are looking at “every possibility in our supply chain” should U.S. tariffs land.

10 days ago·Toronto, Canada

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City News

+5 Reposted by 5 other sources

Tim Hortons has eye on consumer demand as U.S. tariff uncertainty weighs

TORONTO — The president of Tim Hortons’ Canadian and U.S. operations is keeping his eye on the tariff feud that has broken out between the chain’s two most prominent markets with the goal of dulling the effects of the spat for consumers as much as possible. “We are looking at every opportunity very closely to […]

11 days ago·Toronto, Canada

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The Globe & Mail

Tim Hortons looks to switch to Canadian suppliers for U.S.-sourced items amid tariff threat

Parent company Restaurant Brands reported fourth-quarter revenue that beat analysts’ estimates, led by continued growth at the coffee chain

11 days ago·Canada

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CNN Chile

“Uncertainty Predominant”: The Impact of U.S. Tariff Rises · Global Voices

U.S. President Donald Trump announced an increase in tariffs on various products and trading partners. The last known ones are surcharges on steel and aluminum production, which raises doubts about other minerals, such as copper. Juan Carlos Guajardo, Executive Director of Plusmining, in conversation with Economic Agenda PM, says that in the market “uncertainty prevails” regarding these tariff hikes by the Trump administration. “Markets don’t kn…

10 days ago

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