TH International (NASDAQ:THCH) Releases Earnings Results

TH International (NASDAQ:THCH) issued its earnings results on Tuesday. The company reported ($0.31) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.18) by ($0.13), Zacks reports.

Here are the key takeaways from TH International’s conference call:

• Tims China’s Q1 2026 revenue and system sales fell 14.6% and 14.2% year over year, driven by store closures and a decline in same-store sales.
• Comparable sales remained weak, with transactions down 8.3% and average ticket down 4.8%, resulting in -13.2% same-store sales growth for the system.
• Management said it is shifting toward quality growth, pruning underperforming stores and expecting to resume net new openings in Q2 2026 after the reset is completed.
• The company highlighted improving unit economics for newer stores, saying 2024 and 2025 vintage stores delivered lower-teen to mid-teen contribution margins and are expected to achieve 2-3 year payback periods.
• Membership and franchise momentum remained strong, with 35.9 million loyalty members up 42.9% year over year, and management said the planned up to US$55 million financing from THRI will support expansion and strengthen liquidity.

TH International Stock Performance

Shares of TH International stock traded up $0.07 during trading hours on Tuesday, hitting $1.86. The company’s stock had a trading volume of 101 shares, compared to its average volume of 6,766. TH International has a twelve month low of $1.69 and a twelve month high of $3.25. The firm has a fifty day moving average of $2.01 and a 200-day moving average of $2.14. The stock has a market cap of $61.97 million, a price-to-earnings ratio of -0.98 and a beta of 0.51.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded shares of TH International from a “sell (e)” rating to a “sell (e+)” rating in a research report on Wednesday, April 29th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has an average rating of “Sell”.

Institutional Trading of TH International

An institutional investor recently raised its position in TH International stock. Susquehanna International Group LLP grew its position in shares of TH International Limited (NASDAQ:THCH) by 170.1% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 29,743 shares of the company’s stock after purchasing an additional 18,731 shares during the period. Susquehanna International Group LLP owned approximately 0.09% of TH International worth $78,000 as of its most recent SEC filing. Institutional investors and hedge funds own 91.85% of the company’s stock.

TH International Company Profile

TH International Limited operates Tim Hortons coffee shops in mainland China, Hong Kong, and Macau. The company offers brewed tea, coffee, milk tea, lemonade, hot chocolate, and coffee drinks. It is also involved in franchise related business. The company is based in Shanghai, the People's Republic of China.