{"id":29128,"date":"2012-05-10T20:51:36","date_gmt":"2012-05-11T00:51:36","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=29128"},"modified":"2012-05-10T20:51:36","modified_gmt":"2012-05-11T00:51:36","slug":"tim-hortons-misses-estimates-citing-commodity-costs","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2012\/05\/10\/tim-hortons-misses-estimates-citing-commodity-costs\/","title":{"rendered":"Tim Hortons Misses Estimates Citing Commodity Costs"},"content":{"rendered":"<p><div id=\"grabDiv1767162\"><object id=\"GrabPlayer1767162\" width=\"542\" height=\"304\" type=\"application\/x-shockwave-flash\" align=\"middle\" data=\"http:\/\/player.grabnetworks.com\/swf\/GrabOSMFPlayer.swf?id=1767162&#038;content=v16ce8e0abe4183f4844698c0d603452a954359ff&#038;tgt=grabnetworks\"><param name=\"quality\" value=\"high\"\/><param name=\"allowScriptAccess\" value=\"always\"\/><param name=\"allowFullScreen\" value=\"true\"\/><param name=\"menu\" value=\"false\"\/><param name=\"wmode\" value=\"transparent\"\/><param name=\"movie\" value=\"http:\/\/player.grabnetworks.com\/swf\/GrabOSMFPlayer.swf?id=1767162&#038;content=v16ce8e0abe4183f4844698c0d603452a954359ff&#038;tgt=grabnetworks\"\/><\/object><\/p>\n<div id=\"overlay-adzone\" style=\"overflow:hidden; position:relative\"><\/div>\n<\/div>\n<p>Tim Hortons (NYSE:THI) reported Q1 EPS of C$0.56, missing estimates of C$0.58. The company cited higher commodity costs which affected the its cost of sales for the miss. The company reported Q1 total revenues of C$721.3 million, vs. estimates of C$705.3 million. Tim Hortons also reported Q1 Canada comps rose 5.2% while US comp sales rose 8.5%. President and CEO Paul House is leaving the company, but will continue his role until early December 2013, or until the appointment of a new CEO whichever comes first.<\/p>\n<p><img src='http:\/\/cache.thenewsroom.com\/financial_news_network\/2012\/05\/10\/1_1w7zfwuu_thumb.jpg' \/><\/p>\n<p><!--post_img[http:\/\/cache.thenewsroom.com\/financial_news_network\/2012\/05\/10\/1_1w7zfwuu_preview.jpg]--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tim Hortons (NYSE:THI) reported Q1 EPS of C$0.56, missing estimates of C$0.58. The company cited higher commodity costs which affected the its cost of sales for the miss. The company reported Q1 total revenues of C$721.3 million, vs. estimates of C$705.3 million. Tim Hortons also reported Q1 Canada comps rose 5.2% while US comp sales &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2012\/05\/10\/tim-hortons-misses-estimates-citing-commodity-costs\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Tim Hortons Misses Estimates Citing Commodity Costs&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-29128","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/29128","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=29128"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/29128\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=29128"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=29128"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=29128"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}