Tim Hortons a Canadian Fast Food Company!!
|Scooped by Mahad Khokhar|
Tim Hortons Summary
Tim Hortons is a fast food restaurant mainly known for its coffee and doughnuts. It was named after a Canadian hockey play Tim Horton. Tim Hortons operates in mostly Canada and the US. Tim Horton opened the shop in 1964. In 1967, Ron Joyce, an investor, teamed up with Tim Horton. He took control in 1974, after Tim Horton died. Tim Hortons only used to sell coffee and donuts. It has now expanded its product industry to selling bagels, panini’s, soups and many more products. Tim Hortons is a public company. Tim Hortons has no subsidiaries but was owned by Wendy’s at one point. As of July 1st, 2012, Tim Hortons had expanded its company; there are 4,071 system wide brands, 734 in the United States, 3,326 in Canada and 11 in the Gulf Cooperation Council. There are over 2500 full-time employees working in Tim Hortons. Today, the executive chairman, president and chief executive officer is Paul House. John Hermeon is the executive vice president. Stephen Johnston, Briqid Pelino, Cynthina Devine are the senior vice president. Cynthina is also the Chief financial officer. There is approximately 44, 200 shareholders. Tim Hortons revenue is 3. 1 billion dollars. The net income is 403 million dollars. From the start till today, Tim Hortons has been one of the greatest and yummiest franchises.