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TH International Limited reports developments for Tims China, the parent company of the exclusive master franchisees of Tim Hortons coffee shops in mainland China, Hong Kong, and Macau. News commonly covers quarterly and annual results, system sales, company-owned and franchised store activity, made-to-order stores, Tims Express locations, loyalty membership, and the company’s coffee, beverage, bakery, sandwich, and packaged-product offerings.
Recurring updates also address the company’s "Coffee + Freshly Prepared Food" strategy, menu platforms such as Light & Fit Lunch Box, sub-franchise and retail contribution, operating-cost initiatives, supply-chain efficiencies, sustainability-related product launches, and capital-structure actions involving convertible notes.
Tims China (Nasdaq: THCH) reported second quarter 2026 revenues of RMB273.4 million, down 21.7% year over year, with system sales of RMB347.8 million, down 15.1%. Revenues from company owned and operated stores fell 21.6% to RMB220.9 million, reflecting underperforming store closures, a 17.3% decline in same-store sales and fewer orders.
Company owned and operated store contribution was RMB12.6 million with a 5.7% margin, both below the prior year. Operating loss widened to RMB58.1 million, and net loss increased to RMB97.4 million. Adjusted Corporate EBITDA turned to a RMB21.0 million loss. Despite weaker financials, registered loyalty club members rose 41.7% year over year to 37.1 million, and the store base reached 1,028 locations with a net shift toward higher-margin made-to-order stores. Cash and restricted cash stood at RMB121.1 million as of June 30, 2026.
Tims China (Nasdaq: THCH) will release its second quarter 2026 financial results before the U.S. market opens on Tuesday, August 18, 2026. A conference call will follow at 8:00 AM EST / 8:00 PM China Standard Time, accessible via the company’s Investor Relations website.
Tims China (Nasdaq: THCH) reported unaudited Q1 2026 results with total revenues of RMB256.7 million, down 14.6% year-over-year, and system sales of RMB322.9 million, down 14.2%.
Net loss widened to RMB109.3 million, while a definitive agreement for up to US$55 million in additional senior secured convertible notes was signed. Company owned and operated store contribution margin fell to 1.8%. Registered loyalty club members grew 42.9% year-over-year to 35.9 million. Franchised stores increased to 485; total stores were 1,026 with net closures of 21 in the quarter.
Tims China (Nasdaq: THCH) appointed Kwok Wah Cheung as CEO effective June 15, 2026. Former CEO Yongchen Lu becomes Chairman, while Peter Yu remains a director.
The company also agreed with THRI to issue up to US$55 million additional senior secured convertible notes, matching terms of existing 2029 notes. Proceeds will support store expansion, working capital and operating expenses, with issuance across four tranches through early 2027.
Tims China (Nasdaq: THCH) will release its first quarter 2026 financial results before the U.S. market opens on June 9, 2026. A conference call will follow at 8:00 AM EDT / 8:00 PM China Standard Time, accessible via webcast on the company’s investor relations website.
Tims China (Nasdaq: THCH) reported fourth-quarter and full-year 2025 results on April 14, 2026. Q4 total revenues were RMB308.5M (down 7.3% YoY); system sales grew 4.0% YoY to RMB359.4M. Full‑year revenues were RMB1,316.2M (down 5.4% YoY). Net new store openings were 17 in Q4 and 25 for 2025; system‑wide stores reached 1,047. Registered loyalty members reached 31.0M (up 29.0% YoY). Q4 operating loss was RMB118.6M; net loss from continuing operations was RMB227.2M. Adjusted Corporate EBITDA loss narrowed to RMB35.4M in Q4.
Tims China (Nasdaq: THCH) will release fourth quarter and full year 2025 results before market open on Tuesday, April 14, 2025. A conference call follows at 8:00 AM EST / 8:00 PM China Standard Time, with a webcast accessible on the company investor website. Participants are encouraged to pre-register via the provided registration link.
TH International (NASDAQ: THCH) marks seven years in China on Feb 26, 2026, highlighting expansion and a member promotion with Air Canada. The company says it has surpassed 1,000 stores in nearly 100 cities and serves over 31 million Club Members.
Tims China celebrates with a Club-members-only “Maple Journey” lucky draw offering four round-trip Air Canada tickets from Shanghai to a Canadian city; travel runs Mar 1, 2026–Feb 28, 2027.
Tims China (Nasdaq: THCH) reported third quarter 2025 results: total revenues RMB358.0M (USD50.3M), down 0.4% year‑over‑year, while system sales rose 12.8% to RMB419.9M (USD59.0M). The company opened a net 15 new stores in Q3 and delivered company same‑store sales +3.3%. Registered loyalty club members reached 27.9M (+22.3% YoY). Operating loss was RMB65.7M and net loss was RMB73.8M for the quarter. Management completed financing actions, including issuance of approximately US$89.9M senior secured convertible notes due 2029, and repurchased/ restructured prior convertible notes.
TH International (NASDAQ: THCH) launched an eco-friendly drinking straw on December 3, 2025, developed with Tencent’s CarbonXmade program and Suzhou Kunshen using Carbon Capture Utilization (CCU) to convert industrial CO₂ into PPC-TPU biodegradable material.
The straw debuts in stores across Beijing, Shanghai, and Shenzhen and was showcased at the 2025 Sustainable Social Value Innovation Summit via a low-carbon fashion show. SGS certification reports every 100 straws contain 3.185 grams of captured CO₂. The company also highlighted its Green Innovation Lab Store and ongoing sustainability initiatives.