$QST Tim Horton's Expanding South for Snowbi

I was not aware there was even one Tim Horton’s in the USA, much less 600 already established.

https://www.cnbc.com/2022/02/15/tim-hortons-focuses-its-next…

$QSR - Restaurant Brands Inc.

Tim Hortons is slated to open its first location in Houston this summer, signaling the Canadian coffee chain’s strategy to move further south for its next phase of U.S. expansion.

The Restaurant Brands International chain has more than 600 U.S. locations, which makes it the third-largest coffee chain in the country, trailing behind Starbucks and Dunkin’. But it’s a distant third place, and the chain has struggled to take hold with U.S. consumers despite past attempts, dating back decades ago when it was owned by Wendy’s. Still, Tims is looking to erase the gap and overtake Dunkin’. In 2021, the chain saw its strongest new restaurant growth in the U.S. since 2016.

Jose Cil, chief executive of parent company RBI, said in an interview that the chain’s packaged coffee business is growing “quite extensively” in the U.S. through direct-to-consumer website sales and in grocery stores.