Tim Hortons is the largest publicly traded quick-service restaurant chain in Canada, fourth in the continent. With plans to deepen penetration accross the country and strengthen the brand in the US, Tim Horton’s still has plenty of opportunity. Currently searching for a new CEO, Tim Horton’s is a company to watch.
Meaning: Tim Hortons is a donor to the Childrens Wish Foundation and they create local programs everywhere they are.
Moat: The Tim Hortons brand is a part of the Canadian national identity. Their strategy of growing with consumers tastes means they will stay relevant.
Management: CEO left in May, still looking. Interim CEO Paul D House is the chairman, and doesn’t appear remarkable.
MOS: There is currently a 22% margin of safety.