Tim Hortons said on Friday that it planned to open 900 new coffee shops over the next three years, with the bulk of them in Canada.

The Canadian chain also forecast earnings-per-share growth of 12 percent to 15 percent during that time. For 2010, it sees EPS of between C$1.95 ($1.89) and C$2.05.

Also for 2010, the company expects sales at stores open for at least a year increasing 3 percent to 5 percent in Canada and 2 percent to 4 percent in the United States.

Canada Coffee