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Tim Hortons Posts Drop In Q4 Profit, Lifts Dividend

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Tim Hortons (NYSE: THI) reported a drop in its fourth-quarter profit and lifted its dividend.

Tim Hortons' quarterly net income fell to C$100.3 million ($98.84 million), or 65 Canadian cents per share, versus C$103.0 million, or 65 Canadian cents per share, in the year-ago period.

Its revenue climbed 4.1% to C$811.6 million.

Tim Hortons shares closed at $49.90 yesterday.

Posted-In: profitEarnings News Dividends

 

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