TORONTO, Feb 7 (Reuters) - Coffee and doughnut chain Tim Hortons Inc. (THI.TO: Quote, Profile , Research) (THI.N: Quote, Profile , Research) said on Wednesday its fourth-quarter profit jumped compared with a year earlier, when its earnings were eroded by a writedown in goodwill and asset impairment.
Tim Hortons, spun off by U.S.-based fast-food chain Wendy's International (WEN.N: Quote, Profile , Research) last year, said it earned C$68 million ($58 million), or 35 Canadian cents a share, compared with a profit of C$16 million, or 10 Canadian cents, in the corresponding quarter a year earlier.