6-K - TH International Ltd (0001877333) (Filer)
6-K - TH International Ltd (0001877333) (Filer)
6-K - TH International Ltd (0001877333) (Filer)
6-K - TH International Ltd (0001877333) (Filer)
6-K - TH International Ltd (0001877333) (Filer)
20-F - TH International Ltd (0001877333) (Filer)
6-K - TH International Ltd (0001877333) (Filer)
RW - TH International Ltd (0001877333) (Filer)
424B3 - TH International Ltd (0001877333) (Filer)
6-K - TH International Ltd (0001877333) (Filer)
RBI Acquires Popeyes China and Plans to Accelerate Growth Co-investment alongside Cartesian Capital in Tims China Business TORONTO, July 1, 2024 /PRNewswire/ - Restaurant Brands International Inc. (TSX:QSR) (NYSE:QSR) (TSX:QSP) ("RBI", "Company") announced today two transactions in China, the acquisition of Popeyes China, and the co-investment with Cartesian Capital into the business of TH International Limited ("Tims China") (NASDAQ:THCH). The two transactions reflect RBI's confidence in China, one of the largest QSR markets globally, and its commitment to drive growth in the market. RBI's total amount of capital outlay will be up to $45M for the two transactions.
Achieved Consecutive Adjusted Corporate EBITDA1 Profitability Generated Highest-ever Company Owned and Operated Store Contribution Margin4 of 13.3% SHANGHAI and NEW YORK, Nov. 12, 2024 (GLOBE NEWSWIRE) -- TH International Limited (NASDAQ:THCH), the exclusive operator of Tim Hortons coffee shops in China ("Tims China" or the "Company") today announced its unaudited financial results for the third quarter 2024. THIRD QUARTER 2024 HIGHLIGHTS Total revenues of RMB359.6 million (USD51.3 million), representing a 17.1% decrease from the same quarter of 2023.System sales2 of RMB372.4 million (USD53.1 million), representing a 15.5% decrease from the same quarter of 2023.Net new store openings f
SHANGHAI, Oct. 17, 2024 (GLOBE NEWSWIRE) -- TH International Limited (NASDAQ THCH), the exclusive operator of Tim Hortons coffee shops in China ("Tims China" or the "Company") participated in the Fourth ESG Global Leaders Summit in Shanghai this week. Tims China was the coffee sponsor of the conference, showcasing its innovations in the sustainable consumer sector in China. Yongchen Lu, CEO of Tims China, took part in a panel discussion titled "Consensus on New Green Consumption Concepts." (From left to right: the thematic panel, Yongchen Lu during the panel discussion, Tims China coffee booth, guests in line for Tims China coffee) Yongchen com
SHANGHAI, and NEW YORK, Oct. 17, 2024 (GLOBE NEWSWIRE) -- TH International Limited ("Tims China" (Nasdaq: THCH)), the exclusive operator of Tim Hortons coffee shops in China, plans to release its third quarter results before market opening on Tuesday November 12, 2024, with a conference call to follow at 8:00 AM EST or 9:00 PM China Standard Time. The conference call will be webcast, and can be accessed on the company website at https://ir.timschina.com/events-presentations/presentations-webcasts. ABOUT TH INTERNATIONAL LIMITED TH International Limited (NASDAQ:THCH) ("Tims China") is the parent company of the exclusive master franchisees of Tim Hortons coffee shops in mainland China,
SHANGHAI, Oct. 14, 2024 (GLOBE NEWSWIRE) -- TH International Limited (NASDAQ THCH), the exclusive operator of Tim Hortons coffee shops in China ("Tims China" or the "Company") will be participating in the Fourth ESG Global Leaders Summit in Shanghai from Wednesday, October 16 through Friday, October 18. Tims China is the coffee sponsor of the conference. On October 17, from 3.10 – 3.50PM, Yongchen Lu, CEO of Tims China, will be participating in a panel discussion, titled "Consensus on New Green Consumption Concepts." More information about the conference may be accessed via this link https://english.shanghai.gov.cn/en-Events/20240808/6fd6cd303b3741358ad633ed0cc2cc30.html ABOUT
SHANGHAI and NEW YORK, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Meng Lan, the beloved panda superstar, isn't just adored for his round, cuddly appearance—he symbolizes much more. Born to a lineage of famous pandas, Meng Lan's "celebrity pedigree" and adventurous personality have made him a cultural icon in China. Whether he's scaling fences, digging tunnels, or playfully interacting, Meng Lan embodies a free spirit that resonates deeply with the public. Nicknamed the "3rd Prince," his antics and charm have conquered the hearts of fans nationwide. This September, Tims China is thrilled to partner with Meng Lan, the "Chief Bagel Recommendation Officer," to launch Tims second annual Bagel Festival
Achieved First-ever Quarterly Adjusted Corporate EBITDA1 Profitability Generated Highest-ever Adjusted Store EBITDA Margin of 10.3% SHANGHAI and NEW YORK, Aug. 29, 2024 (GLOBE NEWSWIRE) -- TH International Limited (NASDAQ:THCH), the exclusive operator of Tim Hortons coffee shops in China ("Tims China" or the "Company"), today announced its unaudited financial results for the second quarter 2024. SECOND QUARTER 2024 HIGHLIGHTS Total revenues of RMB366.8 million (USD50.5 million), representing a 10.9% decrease from the same quarter of 2023. System sales2
SHANGHAI and NEW YORK, Aug. 26, 2024 (GLOBE NEWSWIRE) -- TH International Limited ("Tims China" (Nasdaq: THCH)), the exclusive operator of Tim Hortons coffee shops in China, plans to release its second quarter results before market opening on Thursday, August 29, 2024, with a conference call to follow at 8:00 AM EDT or 8:00 PM China Standard Time. The conference call will be webcast, and can be accessed on the company website at https://ir.timschina.com/events-presentations/presentations-webcasts. The webcast features a ‘Submit Your Question' tab at the top, where you have the opportunity to submit your question before and during the call. Participants are strongly encouraged to pre-
SHANGHAI and NEW YORK, Aug. 13, 2024 (GLOBE NEWSWIRE) -- TH International Limited ("Tims China" (Nasdaq: THCH)), the exclusive operator of Tim Hortons coffee shops in China, plans to release its second quarter results before market opening on Thursday, August 29, 2024, with a conference call to follow at 8:00 AM EDT or 8:00 PM China Standard Time. The conference call will be webcast, and can be accessed on the company website at https://ir.timschina.com/events-presentations/presentations-webcasts. ABOUT TH INTERNATIONAL LIMITED TH International Limited (NASDAQ:THCH) ("Tims China") is the parent company of the exclusive master franchisees of Tim Hortons coffee shops in mainland China, Hon
SHANGHAI and NEW YORK, July 25, 2024 (GLOBE NEWSWIRE) -- On July 19, 2024, TH International Limited, (NASDAQ:THCH), the exclusive operator of Tim Hortons coffee shops in China ("Tims China" or the "Company") , received a notice (the "Notice") from the Nasdaq Stock Market LLC ("Nasdaq"), stating that the Company's ordinary shares, par value $0.00000939586994067732 per share (the "ordinary shares"), fail to comply with the $1.00 minimum bid price requirement for continued listing on Nasdaq in accordance with Nasdaq Listing Rule 5550(a)(2) based upon the closing bid price of the ordinary shares for the 30 consecutive business days prior to the date of the Notice. Pursuant to Nasdaq Listing
SHANGHAI, China and NEW YORK, July 01, 2024 (GLOBE NEWSWIRE) -- TH International Limited ("Tims China" (Nasdaq: THCH)), the exclusive operator of Tim Hortons coffee shops in China, secured an aggregate of up to $65 million of financing and additional funding from its founding shareholders, Cartesian Capital Group, LLC ("Cartesian") and Restaurant Brands International Inc. ("RBI" (NYSE: QSR)). The financing includes $50 million in convertible notes, of which $40 million was issued at closing, with the balance to be funded over the coming 7 months, subject in each case to certain conditions. The three-year notes are convertible into newly issued convertible preferred shares of Tims China,
Achieved Consecutive Adjusted Corporate EBITDA1 Profitability Generated Highest-ever Company Owned and Operated Store Contribution Margin4 of 13.3% SHANGHAI and NEW YORK, Nov. 12, 2024 (GLOBE NEWSWIRE) -- TH International Limited (NASDAQ:THCH), the exclusive operator of Tim Hortons coffee shops in China ("Tims China" or the "Company") today announced its unaudited financial results for the third quarter 2024. THIRD QUARTER 2024 HIGHLIGHTS Total revenues of RMB359.6 million (USD51.3 million), representing a 17.1% decrease from the same quarter of 2023.System sales2 of RMB372.4 million (USD53.1 million), representing a 15.5% decrease from the same quarter of 2023.Net new store openings f
SHANGHAI, and NEW YORK, Oct. 17, 2024 (GLOBE NEWSWIRE) -- TH International Limited ("Tims China" (Nasdaq: THCH)), the exclusive operator of Tim Hortons coffee shops in China, plans to release its third quarter results before market opening on Tuesday November 12, 2024, with a conference call to follow at 8:00 AM EST or 9:00 PM China Standard Time. The conference call will be webcast, and can be accessed on the company website at https://ir.timschina.com/events-presentations/presentations-webcasts. ABOUT TH INTERNATIONAL LIMITED TH International Limited (NASDAQ:THCH) ("Tims China") is the parent company of the exclusive master franchisees of Tim Hortons coffee shops in mainland China,
Achieved First-ever Quarterly Adjusted Corporate EBITDA1 Profitability Generated Highest-ever Adjusted Store EBITDA Margin of 10.3% SHANGHAI and NEW YORK, Aug. 29, 2024 (GLOBE NEWSWIRE) -- TH International Limited (NASDAQ:THCH), the exclusive operator of Tim Hortons coffee shops in China ("Tims China" or the "Company"), today announced its unaudited financial results for the second quarter 2024. SECOND QUARTER 2024 HIGHLIGHTS Total revenues of RMB366.8 million (USD50.5 million), representing a 10.9% decrease from the same quarter of 2023. System sales2
SHANGHAI and NEW YORK, Aug. 26, 2024 (GLOBE NEWSWIRE) -- TH International Limited ("Tims China" (Nasdaq: THCH)), the exclusive operator of Tim Hortons coffee shops in China, plans to release its second quarter results before market opening on Thursday, August 29, 2024, with a conference call to follow at 8:00 AM EDT or 8:00 PM China Standard Time. The conference call will be webcast, and can be accessed on the company website at https://ir.timschina.com/events-presentations/presentations-webcasts. The webcast features a ‘Submit Your Question' tab at the top, where you have the opportunity to submit your question before and during the call. Participants are strongly encouraged to pre-
SHANGHAI and NEW YORK, Aug. 13, 2024 (GLOBE NEWSWIRE) -- TH International Limited ("Tims China" (Nasdaq: THCH)), the exclusive operator of Tim Hortons coffee shops in China, plans to release its second quarter results before market opening on Thursday, August 29, 2024, with a conference call to follow at 8:00 AM EDT or 8:00 PM China Standard Time. The conference call will be webcast, and can be accessed on the company website at https://ir.timschina.com/events-presentations/presentations-webcasts. ABOUT TH INTERNATIONAL LIMITED TH International Limited (NASDAQ:THCH) ("Tims China") is the parent company of the exclusive master franchisees of Tim Hortons coffee shops in mainland China, Hon
Resilient Total Revenues Increased 3.1% Year over Year for the First Quarter 2024 System Sales Increased 7.1% Year-over-Year for the First Quarter 2024 Continuous Margin Improvement with Seven Consecutive Positive Quarterly Adjusted Store EBITDA 20.3 Million Registered Loyalty Club Members at Quarter-End,Representing 63.6% Year-over-Year Growth SHANGHAI and NEW YORK, June 05, 2024 (GLOBE NEWSWIRE) -- TH International Limited (NASDAQ:THCH), the exclusive operator of Tim Hortons coffee shops and Popeyes restaurants in China ("Tims China" or the "Company") today announced its unaudited financial results for the first quarter 2024. FIRST QUARTER 2024 HIGHLIGHTS Total revenues reached RMB
Total Revenues Increased 29.8% Year-over-Year for the Fourth Quarter,55.9% Year-over-Year Growth for the Full Year 2023 149 Net New Store Openings During the Fourth Quarter,912 System-Wide Stores at Year-End 2023 18.7 Million Registered Loyalty Members at Year-End,Representing 66.3% Year-over-Year Growth SHANGHAI, China and NEW YORK, April 18, 2024 (GLOBE NEWSWIRE) -- TH International Limited (NASDAQ:THCH), the exclusive operator of Tim Hortons coffee shops and Popeyes restaurants in China ("Tims China" or the "Company") today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2023.
SHANGHAI, China and NEW YORK, April 16, 2024 (GLOBE NEWSWIRE) -- TH International Limited ("Tims China" (Nasdaq: THCH)), the exclusive operator of Tim Hortons coffee shops and Popeyes restaurants in China, will release its fourth quarter and full year results before market opening on Thursday, April 18, 2024. The company will hold a conference call on Thursday, April 18, 2024, at 8:00 am Eastern Time (or Thursday, April 18, 2024, at 8:00 pm Beijing Time) to discuss its financial results. The call will begin with prepared remarks, followed by a live Q&A session. A live webcast of the call may be accessed at https://edge.media-server.com/mmc/p/mczqcdrs The webcast features a 'Submit Your
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Key Takeaways: TH International will return China rights for Popeyes to the brand’s owner and focus on developing its core Tim Hortons chain in China The company concurrently announced $50 million in new funding, providing an important financial cushion as it suffers in a brutal Chinese coffee price war By Doug Young Spurned once is bad enough. But the Popeyes fast food brand is looking increasingly like a wallflower in the massive China restaurant market, after being dumped there last week for the third time. The popular fried chicken chain was spurned this time by TH International Ltd. (NASDAQ:THCH), which only acquired the China rights to Popeyes two years ago. TH International’s
Restaurant Brands International Inc. (NYSE:QSR), the fast-food holding company, announced two strategic transactions in China, reinforcing its confidence in one of the largest quick-service restaurant markets worldwide. The company has acquired Popeyes China and co-invested with Cartesian Capital in TH International Limited (NASDAQ:THCH), also known as Tims China. Restaurant Brands’ total capital outlay for these transactions will be up to $45 million. The acquisition of Popeyes China, valued at $15 million, includes 14 restaurants in Shanghai. Restaurant Brands plans to accelerate restaurant growth through investments in local teams and development, with a long-term goal of establi
TH International Limited ("Tims China" (Nasdaq: THCH)), the exclusive operator of Tim Hortons coffee shops in China, secured an aggregate of up to $65 million of financing and additional funding from its founding shareholders, Cartesian Capital Group, LLC ("Cartesian") and Restaurant Brands International Inc. ("RBI" (NYSE: QSR)). The financing includes $50 million in convertible notes, of which $40 million was issued at closing, with the balance to be funded over the coming 7 months, subject in each case to certain conditions. The three-year notes are convertible into newly issued convertible preferred shares of Tims China, which convert to ordinary shares at a price per share based on 110%
Gainers ECARX Holdings (NASDAQ:ECX) stock increased by 18.3% to $1.29 during Thursday's pre-market session. The market value of their outstanding shares is at $436.1 million. TH International (NASDAQ:THCH) shares rose 15.73% to $1.03. The company's market cap stands at $162.6 million. As per the news, the Q1 earnings report came out yesterday. Yoshiharu Global (NASDAQ:YOSH) stock moved upwards by 11.9% to $4.7. The market value of their outstanding shares is at $6.2 million. Lululemon Athletica (NASDAQ:LULU) shares moved upwards by 10.13% to $339.5. The company's market cap stands at $42.7 billion. As per the press release, Q1 earnings came out yesterday. Greenlane Hldgs (NASDAQ:GNLN) s
Gainers Jowell Global (NASDAQ:JWEL) stock increased by 36.8% to $1.45 during Wednesday's regular session. The market value of their outstanding shares is at $3.1 million. China Liberal Education (NASDAQ:CLEU) shares moved upwards by 28.6% to $1.31. The company's market cap stands at $4.3 million. Stitch Fix (NASDAQ:SFIX) stock increased by 25.28% to $3.35. The market value of their outstanding shares is at $401.9 million. As per the press release, Q3 earnings came out yesterday. Nova Lifestyle (NASDAQ:NVFY) shares rose 23.14% to $2.01. The company's market cap stands at $4.8 million. Studio City Intl Hldgs (NYSE:MSC) stock rose 16.53% to $7.19. The market value of their outstanding shar
TH International (NASDAQ:THCH) reported quarterly losses of $(0.10) per share. This is a 16.67 percent increase over losses of $(0.12) per share from the same period last year. The company reported $48.03 million in sales this quarter. This is a 1.96 percent decrease over sales of $48.99 million the same period last year.
Gainers Golden Heaven Group Hldgs (NASDAQ:GDHG) stock moved upwards by 14.9% to $0.27 during Friday's after-market session. The market value of their outstanding shares is at $13.9 million. MGO Global (NASDAQ:MGOL) stock moved upwards by 13.0% to $0.25. The company's market cap stands at $4.1 million. PLBY Group (NASDAQ:PLBY) shares moved upwards by 4.99% to $0.94. The market value of their outstanding shares is at $68.1 million. Phoenix Motor (NASDAQ:PEV) shares increased by 3.97% to $0.7. The company's market cap stands at $24.4 million. As per the press release, Q4 earnings came out 4 days ago. SRIVARU Holding (NASDAQ:SVMH) stock rose 3.52% to $0.2. The market value of their outstand
U.S. stocks traded mostly lower toward the end of trading, with the NASDAQ Composite falling around 0.5% on Thursday. The Dow traded down 0.01% to 37,753.28 while the NASDAQ fell 0.49% to 15,605.90. The S&P 500 also fell, dropping, 0.26% to 5,009.09. Check This Out: IZEA Worldwide And 2 Other Stocks Under $3 Insiders Are Buying Leading and Lagging SectorsCommunication services shares climbed by 0.7% on Thursday. In trading on Thursday, information technology shares fell by 0.9%. Top HeadlineD.R. Horton, Inc. (NYSE:DHI) reported better-than-expected second-quarter financial results. D.R. Horton posted GAAP EPS of $3.52, topping market estimates of $3.07. The company's sales