
TH International Limited (THCH) Q1 2026 Earnings Call Transcript
TH International Limited operates Tim Hortons coffee shops in mainland China, Hong Kong and Macau. The company is headquartered in Shanghai, the People's Republic of China.
| Revenue (TTM) | $1.27B |
| Gross Profit (TTM) | $500.48M |
| EBITDA | $-104.56M |
| Operating Margin | -25.60% |
| Return on Equity | -973.00% |
| Return on Assets | -12.00% |
| Revenue/Share (TTM) | $39.13 |
| Book Value | $-6.04 |
| Price-to-Book | 16.78 |
| Price-to-Sales (TTM) | 0.05 |
| EV/Revenue | 1.771 |
| EV/EBITDA | -1.13 |
| Quarterly Earnings Growth (YoY) | 0.00% |
| Quarterly Revenue Growth (YoY) | -14.60% |
| Shares Outstanding | $32.04M |
| Float | $8.69M |
| % Insiders | 11.96% |
| % Institutions | 58.73% |
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TH International Limited (THCH) Q1 2026 Earnings Call Transcript

TH International NASDAQ: THCH, the operator of Tims China, reported weaker first-quarter 2026 sales as management continued to close underperforming stores, reduce discount-driven promotions and shift resources toward franchising and profitability.

35.9 Million Registered Loyalty Club Members at Quarter-End, Representing 42.9% Year-over-Year Growth SHANGHAI and NEW YORK, June 09, 2026 (GLOBE NEWSWIRE) -- TH International Limited (Nasdaq: THCH), the parent company of the exclusive master franchisees of Tim Hortons coffee shops in China (“Tims China” or the “Company”) today announced its unaudited financial results for the first quarter 2026. FIRST QUARTER 2026 HIGHLIGHTS Total revenues of RMB256.7 million (USD37.2 million), representing a 14.6% decrease from the same quarter of 2025.

Leadership Changes SHANGHAI and NEW YORK, June 09, 2026 (GLOBE NEWSWIRE) -- TH International Limited (Nasdaq: THCH), the parent company of the exclusive master franchisees of Tim Hortons coffee shops in China (“Tims China” or the “Company”), today announced that its Board of Directors (the “Board”) has appointed Mr. Kwok Wah Cheung as the Company's Chief Executive Officer (“CEO”) effective June 15, 2026, as part of its ongoing succession planning process.

SHANGHAI and NEW YORK, June 01, 2026 (GLOBE NEWSWIRE) -- TH International Limited (“Tims China” (Nasdaq: THCH)), the exclusive operator of Tim Hortons coffee shops in China, plans to release its first quarter 2026 financial results before the U.S. market opens on Tuesday June 9, 2026, 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's Investor Relations website at https://ir.timschina.com/events-presentations/presentations-webcasts.

TH International Limited (THCH) Q4 2025 Earnings Call Transcript

System Sales Increased 4.0% Year-over-Year to RMB359.4 Million 17 Net New Store Openings During the Fourth Quarter, 1,047 System-Wide Stores at Year-End 2025 31.0 Million Registered Loyalty Club Members at Year-End, Representing 29.0% Year-over-Year Growth SHANGHAI and NEW YORK, April 14, 2026 (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 fourth quarter and full year ended December 31, 2025. FOURTH QUARTER 2025 HIGHLIGHTS Total revenues of RMB308.5 million (USD44.1 million), representing a 7.3% decrease from the same quarter of 2024.