Submitted by: Submitted by frankyb46
Views: 93
Words: 253
Pages: 2
Category: Business and Industry
Date Submitted: 06/16/2014 09:17 AM
Tim Horton’s Inc. (THI)
http://www.sec.gov/cgi-bin/viewer?action=view&cik=1345111&accession_number=0001345111-14-000015&xbrl_type=v#
1. What are the Sales (also called Net Sales, Net Revenue, or Operating Revenue) for the most recent three years? This is normally the largest number.
(In thousands of Canadian Dollars)
2013=2,265,884
2012=2,225,659
2011=2,012,170
2. What are the Net Incomes (also called Net Earnings) for the most recent three years?
(In thousands of Canadian Dollars)
2013=428,649
2012=407,766
2011=385,748
3. How well do you think this company is operating? Explain your answer.
I have personally witnessed the growth of this company ever since I can remember. As a kid I would visit my grandmother in Hamilton, Ontario and there were locations all over. As the years passed, Tim Horton’s locations sprang up all over Western New York. With a lack of a quick breakfast and coffee retailer, Tim Horton’s became as common as a sight as gas stations. They have a plan for expanding into the mid-Atlantic states and the Midwest with 300 new stores planned, 500 new Canadian locations, and 220 new locations in the Persian Gulf states. I feel that Tim Horton’s is running in the right direction with the vision they have. I expect this company to have a larger footprint in the U.S. It offers a better food selection and lower prices than existing competitors in America today.