The first Tim Hortons® opened in May 1964 in Hamilton, Ontario, and since then, we have become the fourth-largest publicly traded restaurant chain in North America, based on market capitalization, and the largest in Canada.
Operating in the quick service sector of the restaurant industry, we appeal to a broad range of consumer tastes, with a menu that includes premium coffee, specialty teas, homestyle soups, fresh sandwiches, wraps, hot breakfast sandwiches and fresh baked goods, including our trademark donuts. Tim Hortons restaurants operate in a variety of formats, including standalone restaurants as well as non-traditional sites and kiosks.
We operate in five countries: Canada; United States; Republic of Ireland; United Kingdom; and, Afghanistan. The majority of our international operations are self-serve kiosks through offerings at gas and other convenience store locations, with only a few liscensed as full-serve Tim Hortons restaurants.
The Company operated privately until 1995 when Tim Hortons merged with Wendy's International, Inc., giving new focus and impetus to the expansion of the Tim Hortons concept in the United States. In 2006, Wendy’s spun off Tim Hortons as a standalone public company, and in 2009, our U.S. stockholders voted to approve a reorganization to Tim Hortons Inc. (THI) - a Canadian public company. As a result of the reorganization, our common shares are traded on both the Toronto and New York Stock Exchanges under the symbol “THI.” Our head office is located in Oakville, Ontario, Canada.
Further details can be found in our Annual Report and Form 10-K.