Tim Hortons, a privately owned company headquartered in Canada, was founded in 1964 and operates as a Canadian multinational coffeehouse and restaurant chain. With approximately 6,700 employees, the company primarily offers food and beverage services.

Revenue

Founded

1964

Headcount

6,969

Headquarters

Canada

Primary Segment

Food and Beverage Services

Ownership

Privately Owned

News Summary:

On August 20, 2026, Tim Hortons launched a "Back to Hogwarts"-themed restaurant takeover at its 815 Caledonia Rd. location in Toronto, celebrating the recent introduction of Harry Potter-inspired menu items, merchandise, and limited-edition packaging available across Canadian restaurants. This follows news from August 13, 2026, where Restaurant Brands International (RBI) executive chairman Patrick Doyle expressed high confidence in Tim Hortons amidst intensifying competition in Canada's cold beverage market. Dunkin' (formerly Dunkin' Donuts) plans to re-enter the Canadian market in late 2026 or early 2027 with hundreds of new locations, challenging existing players. Earlier on August 13, 2026, during its Q2 2026 earnings call, Restaurant Brands International Inc. (NYSE:QSR) reported consolidated system-wide sales growth of 6.4%, driven primarily by Burger King U.S. and international markets. Tim Hortons Canada, however, experienced flat same-store sales, leading management to outline a focus on a new marketing calendar, cold beverage innovation, and strategic partnerships to restore growth for the brand.
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