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The Company's principal business is the operation, development and franchising of quick-service restaurants that serve high-quality food including hot and cold coffee, baked goods, sandwiches and soups.
Tim Horton's has an unbeatable brand in Canada, and is expanding at a healthy clip in the United States. They are introducing ever-higher margin products into their stores and expanding well in the lunch and dinner segments. P/E is at the higher end, but business risk is low and competition in their home market is relatively low. This company has a wide moat.
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