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TH INTERNATIONAL LIMITED (THCH)

December 14, 2025Corporate Research, corporate research, Restaurant/Food ServiceRoger Lipton

ABOVE NUMBERS per Seeking Alpha and Benzinga

BELOW NUMBERS per Lipton Financial Services, Inc.

QUARTERLY CONFERENCE CALL AND PRESENTATION per Q3’25 QUARTERLY REPORT

TH International Limited (THCH) Q3 2025 Earnings Call Transcript _ Seeking Alpha

THCH PowerPoint Presentation

← THE WEEK THAT WAS, ENDING December 12th – three earnings reports, no rating changes, one initiation – easy access here for conference call transcripts – click through yellow box on Home Page for over 60 write-ups, updates almost compete through 9/30 ROGER’S DECEMBER 15TH COLUMN IN RESTAURANT FINANCE MONITOR -HAPPY (MACRO) DAYS ARE HERE AGAIN PLUS A RED FLAG FOR RESTAURANT STOCK BUYERS AND FRANCHISEE PROSPECTS →

Best Selling Book from 1970
Republished by Roger in 2012

(James Grant wrote the foreword.)

Even more relevant in 2026

3 minute video by Roger spelled it out
Harry Browne Was Right! Warren Buffet Is Wrong! (3 minutes)

Corporate Descriptions

Privately held "Up and Comers"
  Bartaco & Barcelona Wine Bar
  Blaze Pizza, LLC
  Chicken Salad Chick
  Cooper's Hawk Winery/Restaurant
  CoreLife Eatery
  Eggs Up Grill
  Fitlife Foods
  MOD Pizza
  Olga's Kitchen

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Roger Lipton (RL) and/or affiliates may have a position in securities mentioned within this website and has no obligation to notify subscribers or viewers relative to any change in such positions. RL may receive compensation from companies or individuals mentioned within this website and has no obligation to disclose such compensation. RL does not guarantee the accuracy of information provided within this website.