Tim Hortons

Pret appoints former Restaurant Brands CEO as chairman

Pret A Manger has announced the appointment of José Cil, former CEO of Restaurant Brands International, which owns brands such as Burger King, Tim Hortons and Popeyes, as its new chairman. Cil helped grow that business to more than $40bn (£29.88bn) in system-wide sales and 30,000 restaurants in more than…

Read More »

Today’s news in brief – 09/08/24

RBI’s total revenues for Q2 leapt 17.2% to $2.08bn (£1.63bn), as group-wide sales grew 5.4% to $11.25bn (£8.82bn). Tim Hortons saw a 5.4% rise in group-wide sales to $1.93bn (£1.51bn), while Burger King experienced a slight 0.7% decline to $2.92bn (£2.29bn). Popeyes also saw sales growth of 4.6%, reaching $1.55bn…

Read More »

Restaurant Brands International Q2 revenues hit $2bn

Restaurant Brands International (RBI) has revealed that total revenues leapt by 17.2% to $2.08bn (£1.63bn) from a year prior, as group-wide sales grew 5.4% to $11.25bn (£8.82bn) in the second quarter to 30 June.  It comes as net incomes during the period rose by 13.5% to $339m (£265m), which the…

Read More »

Sides to open first Manchester site

Sides, the chicken restaurant created by the YouTube group, The Sidemen, is set to open its first outlet in Manchester. The group, which offers a range of chicken dishes with a choice of seven sauces, has agreed to take a 1,222 sq ft unit at Manchester Arndale on a 10-year…

Read More »

Today’s news in brief – 06/11/23

RBI, the parent company of Burger King, Popeyes and Tim Hortons, reported Q3 revenues of $1.83bn (£1.48bn), up from $1.72bn (£1.39bn), primarily driven by increases in system-wide sales in all of its segments. EBITDA for the group increased by 9.3% to $698m (£563m), while net income for the quarter was…

Read More »

Restaurant Brands International sales rise to $1.8bn in Q3

Restaurant Brands International (RBI), the company behind Burger King, Popeyes, Tim Hortons and Firehouse Subs, has seen revenues rise to $1.83bn (£1.47bn) in Q3, up from $1.72bn (£1.38bn).  This result was primarily driven by increases in system-wide sales in all of its segments, according to the group. For the period…

Read More »

Circular&Co. and the rise of returnable packaging

The industry is waking up to the urgency of addressing environmental issues, and the catering industry is no exception; UKH has recently announced that some 5,000 hospitality venues across the UK have begun their net zero journey, thanks to the industry body’s partnership with Sky Zero and Zero Carbon Forum…

Read More »

Today’s news in brief

Canadian restaurant chain Tim Hortons is expanding in the UK using a franchise model to grow its portfolio of 75 restaurants. After five years of testing and learning, the brand plans to open both drive-thrus and high street locations in new towns and cities across the country. Tim Hortons entered…

Read More »

Tim Hortons to expand UK franchise estate

Canadian restaurant chain Tim Hortons has launched a new franchise model in the UK as part of its plans to significantly expand its UK estate.  According to the coffeehouse, its franchise model is a “core pillar of growth”, which will help the brand increase its portfolio of 75 restaurants in…

Read More »

Restaurant Brands International sees Q1 earnings hit $588m

Restaurant Brands International which runs Burger King, Popeyes, Tim Hortons and Firehouse Subs, has revealed its earnings hit $588m (£469m) for the quarter ending in March 2023 as its global sales increased 10%. The company said the performance, which beat analysts expectations, was driven by increases in its segments as…

Read More »