Tim Hortons plans on making the Canadian coffee shop as ubiquitous around the world as the American fast-food giant Burger King.
“There is really no limit on how far the Tim’s brand can travel,” said Daniel Schwartz, CEO of Restaurant Brands International, the multinational parent company of both restaurant chains.
During the second quarter, the number of Tim Hortons locations increased about 3 per cent to 4,464 stores, while Burger King restaurants jumped about 4 per cent to 15,100 locations during the second quarter.
Last month, the company announced that it was opening a Tim Hortons in the Philippines, its first foray into Southeast Asia.
Total restaurant sales grew 2.7 per cent at Tim Hortons in the second quarter compared to a year earlier, while Burger King sales were up by 0.6 per cent.