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Companies that reported earnings this week
Restaurant Brands International
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RBI-owned Tim Hortons has eye on consumer demand as U.S. tariff uncertainty weighs
Source: Google
Restaurant Brands International
Q4 revenue: $2.30 billion, up from $1.82 billion a year earlier.
Profit: 79 cents per share, down from $1.60 per diluted share a year earlier.
The president of Tim Hortons’ Canadian and U.S. operations is keeping his eye on the tariff feud that has broken out between the chain’s two most prominent markets with the goal of dulling the effects of the spat for consumers as much as possible.
“We are looking at every opportunity very closely to reduce the cost impact,” Axel Schwan said in an interview Wednesday.
The focus comes as companies on both sides of the border and beyond brace for a period of tumult that could kick off if U.S. President Donald Trump makes good on his promise to impose tariffs on Canadian and Mexican goods in a few weeks…
