Company DevelopmentManagement expressed confidence in Tim's Canada and U.S. development, and stabilizing Burger King U.S. net restaurant counts.
Growth PotentialBulls believe risks to the story are priced in, and so long as 8% AOI growth is achieved, shares are attractive on a total return basis.
Management StrategyManagement believes April's improved performance at Tim's is sustainable, aided by continued progress with the Back to Basics playbook, including new menu innovation and marketing campaigns.