Market Overview

Tim Hortons Posts Drop In Q4 Profit, Lifts Dividend

Related THI
New Tax Inversion Rules Put Merger Arbitrage ETFs in Focus - ETF News And Commentary
Dow Finishes Down 100+ Points For Second Consecutive Day
Burger King CEO Says Merger Not Tax Driven (Fox Business)

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


Related Articles (THI)

Around the Web, We're Loving...

Get Benzinga's Newsletters