Tim Hortons Pulls Out of Anti-Gay Marriage Event in US

After an online outcry, Tim Hortons (TSX:THI) is distancing itself from an upcoming Rhode Island event designed to "take a stand" against same-sex marriage.

Brochures for this Sunday's "Celebrate Marriage and Family Day" in Warwick, R.I., list the popular coffee-and-donut chain as one of its sponsors.

On Monday, Tim Hortons posted a statement on its website saying it would no longer provide coffee for the celebration as it runs afoul of its guidelines to not support "religious groups, political affiliates, or lobby groups."

"Tim Hortons and its store owners have always welcomed all families and communities to its restaurants and will continue to do so," the statement said.(keep reading)