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TH International Ltd. - THCH STOCK NEWS

Welcome to our dedicated news page for TH International Ltd. (Ticker: THCH), a resource for investors and traders seeking the latest updates and insights on TH International Ltd..

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect TH International Ltd.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of TH International Ltd.'s position in the market.

Rhea-AI Summary
TH International (Nasdaq: THCH) reported strong financial results for the fourth quarter and full year 2023. Total revenues increased by 29.8% year-over-year for the fourth quarter and 55.9% for the full year. The company opened 149 net new stores in the fourth quarter and had 912 system-wide stores at year-end. Registered loyalty club members grew by 66.3% year-over-year. Adjusted store EBITDA showed positive growth, with a margin of 4.6% in the fourth quarter. The CEO highlighted strategic initiatives to drive profitability and capital-efficient growth, focusing on expanding partnerships and innovation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
23.08%
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Rhea-AI Summary
TH International , operating as Tims China, will announce its Q4 and full-year 2023 financial results on April 18, 2024. The company will also host a conference call to discuss the results and answer questions from investors.
Rhea-AI Impact
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End-of-Day
-0.95%
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Rhea-AI Summary
TH International (Nasdaq: THCH) achieved a significant milestone by surpassing 20 million registered loyalty club members, marking a key driver of growth. The CEO highlighted the company's recent achievements, including store openings and city expansions, attributing the success to customer support and commitment to excellent guest experiences.
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Rhea-AI Sentiment
End-of-Day
0.47%
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Rhea-AI Summary
TH International Limited (NASDAQ: THCH) announces participation in BofA Securities and UBS Global Consumer and Retail Conferences 2024.
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Rhea-AI Sentiment
End-of-Day
0.76%
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conferences
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Rhea-AI Summary
Argus Research initiates coverage on TH International Limited (THCH) with a positive outlook on its expansion in China's fast-growing coffee market. THCH aims to triple its locations by 2026, has completed major investments in infrastructure, offers a unique product mix, and shows promising margin expansion and loyalty program growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.54%
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Rhea-AI Summary
Tims China (NASDAQ: THCH) celebrates its 5th anniversary in China, marking significant growth with 900 stores, 60 cities, and 18 million loyalty club members. The company introduces 'Double Anniversary' lattes and classic donut varieties to commemorate its success. CEO Yongchen Lu anticipates continued success in the Chinese coffee market.
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Rhea-AI Sentiment
End-of-Day
1.54%
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none
Rhea-AI Summary
TH International Limited, operating Tim Hortons coffee shops and Popeyes restaurants in China, has announced the opening of the first seven Tims China stores in Shanghai Metro stations. The partnership will expand to include more Tims coffee shops in 'Line 14' stations, strategically targeting the 13 million daily commuters. The stores offer new and exclusive breakfast products, appealing to daily travelers, and are designed with subway train car elements to attract young trendsetters. The partnership provides great visibility to Tims China's brand, leveraging the world's largest metro system in Shanghai.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.82%
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partnership
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Rhea-AI Summary
TH International Limited (Tims China) (Nasdaq: THCH) celebrates the grand opening of its 10th Popeyes store in Shanghai, marking a significant milestone. Since acquiring the exclusive rights to operate and franchise Popeyes in mainland China and Macau, Tims China has repositioned the brand for the Chinese market and sold over 150,000 pieces of its iconic, original American crispy chicken. With a total of 919 stores across China, Tims China plans to open 500 more Popeyes stores in the next five years and 1,700 stores over the next decade.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.57%
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Rhea-AI Summary
TH International Limited (Tims China) (Nasdaq: THCH) partners with DiDi Chuxing to expand brand awareness through a cross-brand and cross-channel marketing campaign. The partnership resulted in 20,000 new loyalty club members and generated approximately 1.7 million yuan in incremental sales. Tims China's strategic focus on the commuting professionals market segment is furthered through this collaboration.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.51%
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none
Rhea-AI Summary
TH International Limited (Nasdaq: THCH) Achieves Record-high Quarterly Revenue of RMB436.4 Million with 42.7% Year-over-Year Growth. Tim Hortons coffee shops and Popeyes restaurants in China reported significant financial growth, with adjusted store EBITDA margin reaching 7.5%. The loyalty club grew to 16.9 million members, and net new store openings reached 63, resulting in 763 system-wide stores at quarter-end.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.33%
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TH International Ltd.

Nasdaq:THCH

THCH Rankings

THCH Stock Data

173.28M
19.07M
19.47%
61.21%
0.17%
Investment Banking and Securities Dealing
Finance and Insurance
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China
Shanghai