Alimentation Couche-Tard reports higher year-over-year profit of US$757.2M
Alimentation Couche-Tard Inc. reported its financial results for the third quarter of fiscal 2026 yesterday, saying its net earnings attributable to shareholders came in at US$757.2 million, up from US$641.4 million in the same period last year.
On a per-diluted share basis, the company reported net earnings attributable to shareholders of 82 cents US for the quarter, compared with 68 cents US in the prior-year quarter.
The Laval, Que.-based company, which keeps its books in U.S. dollars, says its revenue amounted to US$21.8 billion during the period ended Feb. 1, up year over year from US$20.9 billion.
Couche-Tard says its total merchandise and service revenues reached US$5.8 billion during the quarter, rising 8.7 per cent from US$5.3 billion.
Chief financial officer Filipe Da Silva says the company delivered one of its best quarterly results in over two years, validating its new approach.
In February, Couche-Tard unveiled a new corporate strategy focused on strengthening its core platforms and pursuing targeted investment opportunities.