Tim Hortons profit misses forecast; shares up after dividend hike
date:Feb 21, 2014
s an unusually low tax rate during the quarter.

Revenue rose 11 percent to C$898.5 million. Analysts had forecast C$836.8 million.

The company forecast a 2014 profit of C$3.17 to C$3.27 per share.

The C$440 million share buyback announced on Thursday consists of the remaining portion of a program to repurchase up to C$1 billion in stock through August, plus an additional amount of about C$200 million, the company said.
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