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TH International Limited Ordinary shares - $THCH STOCK NEWS

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

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 Ordinary shares'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 Ordinary shares's position in the market.

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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Rhea-AI Summary
Total revenues increased 129.7% YoY to RMB411.7 million in Q2 2023. Same-store sales growth for company owned and operated stores was 20.4%. Adjusted store EBITDA margin increased by 31.6 percentage points. Net new store openings totaled 52. Registered loyalty club members grew by 95.4% YoY to 14.7 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.61%
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Rhea-AI Summary
Tims China opens first Popeyes restaurant in Shanghai, plans to open 1,700 across China in the next decade
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.64%
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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Rhea-AI Sentiment
End-of-Day
12.35%
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.77%
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partnership
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Rhea-AI Sentiment
End-of-Day
-7.94%
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Rhea-AI Summary
TH International Limited (THCH) announces successful results of its exchange offer and consent solicitation. 81.6% of public warrants and 100% of private placement warrants were validly tendered. The company expects to accept all validly tendered warrants for exchange and settlement by June 14, 2023. The Post-Offer Exchange is set for June 27, 2023, where the company will issue 5,419,773 ordinary shares in exchange for the warrants tendered.
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Rhea-AI Sentiment
End-of-Day
4.58%
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Rhea-AI Sentiment
End-of-Day
3.51%
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.37%
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TH International Limited Ordinary shares

Nasdaq:THCH

THCH Rankings

THCH Stock Data

180.06M
19.07M
19.47%
61.21%
0.17%
Investment Banking and Securities Dealing
Finance and Insurance
Link
United States of America
Shanghai