Key Developments: Tim Hortons Inc (THI)
56.16USD
21 May 2013
$0.16 (+0.29%)
$56.28
$55.98
$56.31
$55.87
268,864
318,663
$59.30
$45.41
Latest Key Developments (Source: Significant Developments)
Tim Hortons Inc Declares Dividend
Tim Hortons Inc announced that Board of Directors has declared a dividend of $0.26per common share payable to shareholders of record as of May 23rd, 2013. Full Article
Tim Hortons Inc Announces Appointment Of Marc Caira As New President And CEO
Tim Hortons Inc announced that the appointment of Marc Caira as President and CEO, effective July 2, 2013. He replaces Paul House, who will become non-Executive Chairman of the Board of Directors at that time. Mr. Caira will also stand for election as a director at the annual meeting of shareholders. Full Article
Tim Hortons Inc Reaffirms FY 2013 EPS Guidance; Comments On FY 2013 Same-store Sales Guidance-Conference Call
Tim Hortons Inc recently announced the targets for fiscal 2013. The Company is targeting EPS of CAD2.87 to CAD2.97 and same-store sales growth in Canada of 2% to 4%, and in the US, 3% to 5% for fiscal 2013. Full Article
Tim Hortons Inc Issues FY 2013 EPS Guidance Below Analysts' Estimates
Tim Hortons Inc announced that for fiscal 2013, it expects diluted earnings per share (EPS) of $2.87 to $2.97. Items not incorporated into the Company's fiscal 2013 financial outlook include the approximately $9 million of reorganization costs expected to be incurred in the first quarter, as well as further costs we expect to incur during 2013 related to the transition to a new CEO, the amount and timing of which are not yet determinable. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EPS of $3.02 for fiscal 2013. Full Article
Tim Hortons Inc Declares Quarterly Dividend Of $0.21 Per Common Share
Tim Hortons Inc announced that the Board of Directors has declared a dividend of $0.21 per common share payable to shareholders of record as of November 28th, 2012. The dividend is payable on December 12th, 2012. Full Article
Tim Hortons Inc. Declares Dividend
Tim Hortons Inc. announced that a quarterly dividend of $0.21 per common share has been declared by the Board of Directors, payable on September 5, 2012 to shareholders of record as of August 20, 2012. Full Article
UPDATE 2-Tim Hortons CEO cautious on higher debt, share buyback
TORONTO, May 9 - Tim Hortons Inc will likely raise its debt levels and buy back shares, but Canada's more conservative borrowing environment makes it improbable they will be done to the extent an activist investor in the company wants, the chief executive of the Canadian coffee-and-doughnut chain said on Thursday.
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