TH International (NASDAQ:THCH) Releases Quarterly Earnings Results, Misses Estimates By $0.13 EPS

TH International (NASDAQ:THCH) announced its quarterly earnings results on Tuesday. The company reported ($0.31) earnings per share (EPS) for the quarter, missing the consensus estimate 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 Stock Performance

NASDAQ THCH opened at $1.89 on Tuesday. TH International has a fifty-two week low of $1.69 and a fifty-two week high of $3.25. The company has a market capitalization of $62.66 million, a PE ratio of -1.00 and a beta of 0.51. The business’s fifty day moving average is $2.01 and its 200 day moving average is $2.14.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded TH International from a “sell (e)” rating to a “sell (e+)” rating in a research note on Wednesday, April 29th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has a consensus rating of “Sell”.

Institutional Investors Weigh In On TH International

A hedge fund recently raised its stake in TH International stock. Susquehanna International Group LLP raised its position in shares of TH International Limited (NASDAQ:THCH) by 170.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,743 shares of the company’s stock after buying an additional 18,731 shares during the quarter. Susquehanna International Group LLP owned about 0.09% of TH International worth $78,000 as of its most recent SEC filing. 91.85% of the stock is owned by institutional investors.

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.