Mixed quarter for Tim Hortons as key category shines but growth stalls elsewhere

Canada’s largest coffee chain has now reported 20 consecutive quarters of positive like-for-like sales growth in its home market, but longer-term challenges persist

Following four years of net store closures, Canadian QSR giant Restaurant Brands International (RBI) hailed a return to annual outlet growth for Tim Hortons in 2025.

Speaking in February 2026, RBI CEO Josh Kobza said the positive performance would provide a platform for Canada’s largest coffee chain to “accelerate development again in 2026”, driven by new stores and further investments in its fast-growing iced beverage category.