India, Feb. 13 -- Tim Hortons said it money off of cold drinks towards the end of 2024, which entails winters in countries in the northern hemisphere. The Canadian company's parent firm Restaurant Brands International (RBI) made the revelation during the full-year earnings call on Wednesday.

Speaking during the call, CEO Joshua Kobza said some of the products of the company performed below average because of the weather.

"We had a little bit warmer weather in the quarter and that tends to drive more cold beverage," he said, adding that warmer-than-average temperatures in the October-December 2024 quarter led to an over 6% growth in cold beverages.

He also pointed out that due to the weather, the company's sales of hot beverages saw a d...