Tim Hortons’ owner reports loss despite better sales

Tim Hortons’ owner reports loss despite better sales

Tim Hortons’ owner reports loss despite better sales One off costs are one of the reasons behind a loss of U$514.2 million at Restaurant Brands, the firm created from the merger of Tim Hortons with Burger King. Sales were up at both Timmies (4.1 per cent) and Burger King (3.0 per cent) in the fourth quarter and revenue grew to U$416.3 million.