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TH International (THCH)
NASDAQ:THCH
Earnings Data
Report Date
Apr 03, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
-0.22Last Year’s EPS
-0.62Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 12, 2024
|% Change Since: -18.13%
|Next Earnings Date:Apr 03, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a strong performance with significant achievements in profitability, operational efficiency, and membership growth, despite challenges such as cash reserves reduction and intense price competition. The company's strategic focus on product differentiation and capital-efficient growth is driving positive outcomes.Company Guidance
During the Tims China Q3 2024 earnings call, the company provided several key performance metrics that highlight its financial and operational achievements. Tims China maintained adjusted corporate EBITDA profitability amid intense price competition in the Chinese coffee market. The company reported its highest-ever quarterly company-owned and operated store contribution margin at 13.3%, with a year-over-year margin expansion of 5.8 percentage points. The company introduced 10 new beverages and 9 new food items, while also launching a successful Chibaobao Card that boosted purchase frequency by 4.6 times for cardholders. Tims China sold over 120,000 of these cards in Q3, contributing to a total revenue of RMB 7.6 million. The loyalty program saw a 35.3% year-over-year growth, reaching 22.8 million registered members by September 30, 2024. Additionally, the company expanded its sub-franchising efforts, receiving over 5,000 applications and opening 43 stores, with plans for further growth. Furthermore, digital orders increased to 86.6% of total orders, reflecting enhanced digital capabilities. The company also achieved a reduction in food and packaging costs by 6.1 percentage points year-over-year, alongside a decrease in marketing and administrative expenses, indicating improved operational efficiency.Achieved Adjusted Corporate EBITDA Profitability
Maintained adjusted corporate EBITDA profitability in Q3 2024, after achieving it for the first time in Q2 2024, despite price competition in the Chinese coffee market.
Record Store Contribution Margin
Achieved the highest-ever quarterly company-owned and operated store contribution margin of 13.3%, a year-over-year margin expansion of 5.8 percentage points.
Growth in Loyalty Program Membership
Registered loyalty club members reached 22.8 million, reflecting a 35.3% year-over-year growth.
Successful Franchise Expansion
Received over 5,000 sub-franchise applications, opened 43 stores, and signed 94 additional agreements by the end of September 2024.
Introduction of New Products
Launched 10 new beverages and 9 new food items in Q3 2024, focusing on healthy ingredients and freshly handmade principles.
Operational Efficiency Improvements
Reduced food and packaging costs by 6.1 percentage points, labor costs by 3.0 percentage points, and marketing expenses by 2.3 percentage points year-over-year.
Capital-Efficient Growth Strategy
Continued focus on capital-efficient growth through small-format stores and a growing sub-franchisee network.
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THCH Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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THCH Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 12, 2024 | $3.64 | $3.50 | -3.85% |
| Aug 29, 2024 | $3.79 | $3.37 | -11.08% |
| Jun 05, 2024 | $6.00 | $4.45 | -25.83% |
| Apr 18, 2024 | $5.20 | $6.40 | +23.08% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does TH International (THCH) report earnings?
TH International (THCH) is schdueled to report earning on Apr 03, 2025, TBA Not Confirmed.
What is TH International (THCH) earnings time?
TH International (THCH) earnings time is at Apr 03, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is THCH EPS forecast?
THCH EPS forecast for the fiscal quarter 2024 (Q4) is -0.22.
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