09:49 AM EST - Tim Hortons Inc. : announced results for the first quarter ended April 1st, 2012. Systemwide sales increased 9.4% on a constant currency basis in the first quarter of 2012. The company increased total revenues by 12.1% to $721.3 million compared to $643.5 million last year. Operating income $ 131.6 million, a 9.2% rise over the prior-year quarter’s $120.6 million. Tim Hortons Inc.
shares T.THI are trading down $1.19 at $55.89.
