Tims will be coming out with their earnings on april 27th,
however on April 2nd Tims, Wendys issued sales numbers for the quarter ending April 2, 2006.
THI sales increased Canada 8.7% 06 5.8% 05
in the US +9.8% up from +7.7% sales increase in 05
79% of Tims are Franchised
Wendy reported more god awful numbers
company store sales -4.8% 06 -2.2%05
Franchise -5.2% 06 -1% 05
Baja -3.8% 06 -6.1% 05
Baja is the franchise they should be spinning off, or burning, however they are letting go of the one producing sales growth.
Barrons had an article a few weeks back that made the arguement is that Wendy may be a cheaper play......and questioned wether Tim could continue to grow.
who really knows, but in general betting on managment that is dumb and has declining sales will not make you any money.
Tims has had increasing numbers.
have a small position in Tims, waiting for a sell off when Wendys gives out the remaining 82%, to shareholders.
stock may go down on selling presure from investors who want to sell it quick.
thanks
selkirk
however on April 2nd Tims, Wendys issued sales numbers for the quarter ending April 2, 2006.
THI sales increased Canada 8.7% 06 5.8% 05
in the US +9.8% up from +7.7% sales increase in 05
79% of Tims are Franchised
Wendy reported more god awful numbers
company store sales -4.8% 06 -2.2%05
Franchise -5.2% 06 -1% 05
Baja -3.8% 06 -6.1% 05
Baja is the franchise they should be spinning off, or burning, however they are letting go of the one producing sales growth.
Barrons had an article a few weeks back that made the arguement is that Wendy may be a cheaper play......and questioned wether Tim could continue to grow.
who really knows, but in general betting on managment that is dumb and has declining sales will not make you any money.
Tims has had increasing numbers.
have a small position in Tims, waiting for a sell off when Wendys gives out the remaining 82%, to shareholders.
stock may go down on selling presure from investors who want to sell it quick.
thanks
selkirk
