Now that is my kind of stock! I will be loading up on this one in 2006.
Quote:Wendy's International Inc. plans to spin off 15 to 18 per cent of its popular Tim Hortons coffee and doughnut chain in an initial public offering, the company said Friday.
Wendy's hopes to complete the IPO by the end of the first quarter of 2006 and will hang on to the remaining stake in Tim Hortons.
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The big T is the only part of the Wendy's empire turning a profit right now. Wendy's was tinkering last quarter with an idea to expand it's 250 or so US Tim Hortons locations by shutting down Wendy's franchises and converting them into Tim's.
Tim Hortons may be nearing saturation/plateau in Canada, but a slow and steady expansion through the US could mean serious profit, especially if they put the crunch on Krispy Kreme like they did here.
If you've got the cash, I think it'd be a smart buy... but it won't be easy to grab.
Stephen Dame Wrote:The big T is the only part of the Wendy's empire turning a profit right now. Wendy's was tinkering last quarter with an idea to expand it's 250 or so US Tim Hortons locations by shutting down Wendy's franchises and converting them into Tim's.
Tim Hortons may be nearing saturation/plateau in Canada, but a slow and steady expansion through the US could mean serious profit, especially if they put the crunch on Krispy Kreme like they did here.
If you've got the cash, I think it'd be a smart buy... but it won't be easy to grab.
I agree that Tim Hortons is very close to saturation, that is why they have paused expansion in Western Canada. However, I know the revenue will be on the up and up for many years too come. It is going to be tuff to break into the US market with Star Bucks, KK and Caribou Coffee (Big in the Mid West and expanding, tips for you guys
).
I read in another article that Wendy's is actually planning on selling all of Tim Horton's within a few years. I believe the thinking is to cash in on this asset and use the proceeds to fight its main competitors McDonald's and Burger King in its core business.
Perhaps a bit of a risky move. How much market share can you take from Mickey D's and "the King", and how expensive is it going to be? Is it worth selling off a business which is providing most of your profits currently?
Still, as a Canadian it's kind of intriguing. How cool would it be to say, "Hey, I own stock in Timmy's!"
Thanks for reminding me...You know who I love...Johnny Horten......whispering pines, and classic others....
Thanks dudes.....
If you do buy the stock, be sure and check the bag before you drive away.
You know, the thing I miss the most about living in California is tim horton's coffee and bagels. especially working nights, around 330am I get that Horton's craving...man...i need to get a coffe maker and start getting my family to send me the cans of coffee grinds....
~Will.
mrlayance Wrote:I agree that Tim Hortons is very close to saturation, that is why they have paused expansion in Western Canada. However, I know the revenue will be on the up and up for many years too come. It is going to be tuff to break into the US market with Star Bucks, KK and Caribou Coffee (Big in the Mid West and expanding, tips for you guys ).
Did you mean to say "pushed" expansion in Western Canada? Cuz that's where it's needed most. There simply aren't enough Tim's in Cgy, and they are practically non-existent in Vancouver.
Much like the Hip, they'll prolly never be as successful in the US as in Canada (despite being superior to anything the US has to offer, much like the Hip), but when expansion finally starts to slow down they can convert the stock to an income trust, and the market will salivate all over again.
As one who dabbles in the market and as one who is still kicking himself for not grabbing some Google stock at the IPO, I'll have my purchase order in for Tim's the first day it's available. Hell, it might be the first purchase for my son's RESP. :thumb:
cferneyh Wrote:mrlayance Wrote:I agree that Tim Hortons is very close to saturation, that is why they have paused expansion in Western Canada. However, I know the revenue will be on the up and up for many years too come. It is going to be tuff to break into the US market with Star Bucks, KK and Caribou Coffee (Big in the Mid West and expanding, tips for you guys ).
Did you mean to say "pushed" expansion in Western Canada? Cuz that's where it's needed most. There simply aren't enough Tim's in Cgy, and they are practically non-existent in Vancouver.
Much like the Hip, they'll prolly never be as successful in the US as in Canada (despite being superior to anything the US has to offer, much like the Hip), but when expansion finally starts to slow down they can convert the stock to an income trust, and the market will salivate all over again.
As one who dabbles in the market and as one who is still kicking himself for not grabbing some Google stock at the IPO, I'll have my purchase order in for Tim's the first day it's available. Hell, it might be the first purchase for my son's RESP. :thumb:
there's quite a few tims in b.c. kamloops has 3!!! i don't know exactly how many vancouver has, but the outlining areas have quite a few..coquitlam has at least 2..i know it's not an "every street corner" thing like back east, but you can get a good double double
opiated Wrote:there's quite a few tims in b.c. kamloops has 3!!! i don't know exactly how many vancouver has, but the outlining areas have quite a few..coquitlam has at least 2..i know it's not an "every street corner" thing like back east, but you can get a good double double
In proportion to the east, "quite a few" is not three in a town of 80,000. In the small Ontario town I come from (pop. 20,000) there were 6 at last count. That means Kamloops can fit another 20 or so. :thumb:
Starbucks is the game in Vancouver. Hell, they are two Starbucks kitty-corner to each other on Robson. I think there are four Starbucks on Robson alone!
cferneyh Wrote:opiated Wrote:there's quite a few tims in b.c. kamloops has 3!!! i don't know exactly how many vancouver has, but the outlining areas have quite a few..coquitlam has at least 2..i know it's not an "every street corner" thing like back east, but you can get a good double double
In proportion to the east, "quite a few" is not three in a town of 80,000. In the small Ontario town I come from (pop. 20,000) there were 6 at last count. That means Kamloops can fit another 20 or so. :thumb:
Starbucks is the game in Vancouver. Hell, they are two Starbucks kitty-corner to each other on Robson. I think there are four Starbucks on Robson alone!
point well taken..kamloops also has three arby's!!
cferneyh Wrote:Starbucks is the game in Vancouver. Hell, they are two Starbucks kitty-corner to each other on Robson. I think there are four Starbucks on Robson alone!
I have never seen a Tim's in Vancouver. Coffee shops are a dime a dozen there but Starbucks is definately the main chain.
I was actually quite surprised how many Tim's there are in Montreal, I would have thought Starbucks would be bigger there too.
hamilton has 78 tim hortons
There are 20 Tim Horton's in St. Catharines - a city of 140 000. Doing the math, that's one store for every 7000 people. There's a fun game - find the city with the highest density of Tim Horton's.
Whitby, Ontario used to have the highest number of coffee/donut shops per capita for a while.... They included 8 Tim Hortons, 7 Coffee Times, 4 Country Styles, 2 Robin's Donuts, a Baker's Dozen, and a few other independant shops.
Roughly 26 shops for 80,000 at the time. One for every 3077 people. There was even one intersection with one on each corner at one point, all different brands and all competing.
I don't think it's quite like that anymore.
But I've heard that Halifax has the greatest number of Timmy's per capita.