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Complete Tim Hortons 2012 Annual Report on Form 10-K PDF     Download Full Report XBRL   Download Full Report MD&A PDF   Download  |  View Statement of Operations PDF   Download  |  View XLS    Download
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U.S.
A Growing Presence
We have made significant investments in building our presence in the United States,
doubling our footprint in the past five years. We now operate in 11 states in the Northeast and Midwest. In our most established markets, the Tim Hortons brand is becoming increasingly well recognized, and we continue to build upon our loyal following of guests. We are working to further strengthen these core regions, and to accelerate the path to profitability in our newer U.S. markets.

Challenger Brand on the Rise