TH International (NASDAQ:THCH) Issues Quarterly Earnings Results

TH International (NASDAQ:THCH) issued its quarterly earnings data 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 Trading Up 5.0%

NASDAQ THCH opened at $1.89 on Tuesday. The stock has a market cap of $62.66 million, a PE ratio of -1.00 and a beta of 0.51. TH International has a 12 month low of $1.69 and a 12 month high of $3.25. The company’s 50-day moving average price is $2.01 and its 200-day moving average price is $2.14.

Hedge Funds Weigh In On TH International

An institutional investor recently raised its position in TH International stock. Citadel Advisors LLC grew its stake in TH International Limited (NASDAQ:THCH) by 51.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,033 shares of the company’s stock after acquiring an additional 9,227 shares during the period. Citadel Advisors LLC owned 0.08% of TH International worth $71,000 at the end of the most recent reporting period. 91.85% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

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

About TH International

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.