Tim Hortons Inc. on Friday revealed its plans to launch as many as 900 North America stores over the coming few years. Out of which, nearly 300 of restaurants will be opened in the US.

Tim Hortons has decided to renovate 10 United Nations restaurants with advanced, fashionable furniture and lighting in coming six months.

"In Canada Tim Hortons can get away with just slapping a 'Tim Hortons' on its signs. But in the U. S. it's very important to let people know who we are. Establishing being a cafe and bake shop is very important to us", said David Clanachan, Tim Hortons Chief Operating Officer for US and International Markets.

563 restaurants in 12 provinces are currently run by Tim Hortons, including 3,015 stores in Canada.

Tim Hortons predicts its EPS of $1.95 to $2.05, sales of between 3 percent to 5 percent in Canada and 2 percent to 4 percent in the United States for 2010. Tim Hortons is also likely to invest about $180-million to $200-million on capital expenses.

The company aims to increase its earnings per share by between 12 percent and 15 percent yearly in coming few years, a target that, it seems, can be achieved.