Request sent: your sample pages will be with you shortly. Discounts available for multiple purchases. Analysts on average had expected an adjusted profit of 49 cents per share, based on estimates compiled by financial markets data firm Refinitiv. Alimentation Couche-Tard 4Q Earnings Rise, Revenue Declines, Alimentation Couche-Tard Fiscal Q4 Profit Rises 50%, Tops Expectations, Even as Sales Decline, Alimentation Couche-Tard Brief: For fiscal 2023, Board of Directors declared total dividends of C$0.53 per share, an increase of 26.9% compared with C$0.4175 for fiscal 2022, Alimentation Couche-Tard Brief: Total merchandise and service revenues of US$4.2 billion, an increase of 11.0%, Alimentation Couche-Tard Brief: Adds All quarterly and annual same-store information is presented on a comparable basis of 12 and 52 weeks, respectively, Alimentation Couche-Tard Brief: Says Results of the fourth quarter and fiscal 2023 included one additional week compared with the fourth quarter and fiscal 2022, Alimentation Couche-Tard Brief: Q4 Adjusted diluted net earnings per share were US$0.71, representing an increase of 29.1% from $0.55 for the corresponding quarter of last year, Alimentation Couche-Tard Brief: Q4 Adjusted net earnings were approximately US$698.0 million compared with $573.0 million for the fourth quarter of fiscal 2022, Alimentation Couche-Tard Inc. Reports Earnings Results for the Fourth Quarter Ended April 30, 2023, ALIMENTATION COUCHE-TARD INC. : Q4 2023 Earnings Release, North American Morning Briefing: Stock Futures Steady on China GDP Hope. These documents and other information about Alimentation Couche-Tard Inc. are all available on our website (corpo.couche-tard.com) and on SEDAR (sedar.com). Then you can access your favorite statistics via the star in the header. 2021 Management Discussion & Analysis. You may contact us at any time to opt-out. Increase in the annual dividend declared for fiscal 2023 of 26.9%, from CA 41.75 to CA 53.00. Detailed information on Alimentation Couche-Tard Inc required for business and competitor intelligence needs, A study of the major internal and external factors affecting Alimentation Couche-Tard Inc in the form of a SWOT analysis, An in-depth view of the business model of Alimentation Couche-Tard Inc including a breakdown and examination of key business segments, News about Alimentation Couche-Tard Inc, such as business expansion, restructuring, and contract wins, Large number of easy-to-grasp charts and graphs that present important data and key trends. Web2017 Management Information Circular PDF Format Download (opens in new window) PDF 4.16 MB. Alimentation Couche-Tard will release figures for Q4 on June 27. And weve got an organization thats capable. It is important to know that the forward-looking statements in this document describe the Corporation's expectations as at June 28, 2022, which are not guarantees of the future performance of Couche-Tard or its industry, and involve known and unknown risks and uncertainties that may cause Couche-Tard's or the industry's outlook, actual results or performance to be materially different from any future results or performance expressed or implied by such statements. "With this transaction we would strategically strengthen our positioning in both the 'sun belt' and the east coast of North America," Mr. Hannasch said, adding that CST also has a strong presence in Georgia. Couche-Tard's actual results could be materially different from its expectations if known or unknown risks affect its business, or if its estimates or assumptions turn out to be inaccurate. On a pro-forma basis, a merged Couche-Tard and CST would have annual revenue of $47.7-billion and adjusted EBITDA of $2.9-billion, according to Couche-Tard. The Canadian Press Published 11 minutes ago Comments Alimentation Couche-Tard Inc. ATD-T reported a fourth-quarter profit of US$670.7-million, up from US$477.7 million a year earlier. 2022 Annual Report. To this end, we strive to meet the demands and needs of people on the go. Merchandise and services (27%) Road transportation fuel (72%) Other (1%). Alimentation Couche-Tard Inc.'s $3.8-billion (U.S.) all-cash deal to buy Texas-based gas-and-convenience-store chain CST Brands Inc. is the Quebec company's biggest acquisition ever and its fourth this year, but that hasn't sated its appetite for more deals to fuel growth, says chief executive Brian Hannasch. We put great care and invest significant resources in choosing the locations of our stores to maximize visibility and customer traffic, making it more difficult for new competitors to penetrate our markets. Le 12 juillet 2017 Nous avons effectu un audit intgr des tats financiers consolids de Alimentation Couche-Tard inc. et de ses filiales pour les CST has more than 2,000 locations throughout the southwestern United States, Georgia and Eastern Canada. We compete with many national, regional, local and independent retailers, including grocery chains, supermarkets, other convenience store chains, mini- convenience stores integrated with major oil companies' gas stations, pharmacies, quick-service restaurants, and dollar stores. WebIn fiscal 2017, we intend to continue this focus, delivering on ambitious organic growth plan. Webpoint of view on the financial condition and results of the operations of Alimentation Couche-Tard Inc. (Couche-Tard) as well as its performance during the second quarter of We are rolling out a prepared food program across our network in North America and an enhanced food offering in Europe, as well as growing our car wash business where our sites allow it, to further improve profit margins and differentiate our stores from those of our competitors. That ratio is expected to drop to 3.1 times after the first year and to 1.4 times after the fifth year. Alimentation Couche-Tard's gross profit worldwide from 2017 to 2021; Alimentation Couche-Tard's quarterly revenues worldwide in 2021; Fuel sales volume of Opportunities have increased as private equity should largely be on the sidelines, he said, as high interest rates squeeze some buyers. Mexico Embraces Our New, Global Brand In addition to rolling out our refreshed Circle K Analysts on Wall Street predict Alimentation Couche-Tard will release earnings per share of $0.488. Assess Alimentation Couche-Tard Inc as a prospective partner, vendor or supplier. In 2021, the company had 7,076 stores in the United States. Merchandise and services (51%) Road transportation fuel (47%) Other (2%). 2021 Consolidated Financial Statements. In almost all instances, sales used to rank companies are for retail activity in the United States only. Couche-Tard said it expects to finance the deal with available cash, existing credit facilities and a new term loan. We're continually looking for tuck-in acquisitions," he said. 2004 Annual Report PDF Format Download (opens in new window) PDF 23.85 MB. one of the largest independent convenience store operators in the United States in terms of the number of company owned and operated stores. Please contact client services for any further information: Our mission is to make our customers' lives a little easier every day. Your data will never be shared with third parties, however we may send you information from time to time about related third party products that may be of interest to you. When Couche-Tard did its last blockbuster deal $2.8-billion to acquire Scandinavia's Statoil Fuel & Retail ASA in 2012 its debt level was 3.6 times EBITDA. Track strategic initiatives of the company and latest corporate news and actions. Unless otherwise required by applicable securities laws, Couche-Tard disclaims any intention or obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise. There are likely more deals ahead, said Hannasch, estimating the company will do around four or five material deals for the year. In Europe, it operates over 2,703 stores across Scandinavia, Ireland, Poland, and the Baltic through nine business units. Additional information, including directors' and officers' renumeration and indebtedness, principal holders of Couche-Tard's securities and securities authorized for issuance under equity compensation plans is included in our Management Proxy Circular. On June 27, Alimentation Couche-Tard releases earnings for Q4. You need at least a Starter Account to use this feature. On average, analysts predict that the company will report annual sales of $71.64 billion. ", National Retail Federation, Retail sales of Alimentation Couche-Tard in the United States 2017 to 2021 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1130957/retail-sales-of-alimentation-couche-tard-us/ (last visited July 05, 2023), Retail sales of Alimentation Couche-Tard in the United States 2017 to 2021 (in billion U.S. dollars) [Graph], National Retail Federation, July 6, 2022. WebPublished: October 2018 Report Code: MLRT27180FSA Add to Saved List Overview Contents Tables Figures Alimentation Couche-Tard Inc Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. We have successfully put in place a compelling in-store merchandise and service offer which allows us to generate higher margins than those achieved through the sale of road transportation fuel. Couche-Tard, which keeps its books in U.S. dollars, said its profit for the quarter amounted to 68 cents per diluted share for the 13-week period ended April 30, up from 46 cents per share in the same quarter last year that included 12 weeks. Alimentation Couche-Tard Inc Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. All rights reserved. Retail sales of Alimentation Couche-Tard in the United States 2017 to 2021 (in billion U.S. dollars) [Graph]. This story was written by Markets Insider's RoboEddy, which automatically writes these stories based on data provided by our partners. For example, they do not include sales of assets, monetization, mergers, acquisitions, other business combinations or transactions, asset write-downs, the effect of the COVID-19 pandemic on all aspects of our business and geographies or other charges announced or occurring after forward-looking statements are made. Download. Moody's Investors Service Inc. said in a note Monday that Couche-Tard's ratings outlook "remains stable.". We have three main sources of revenue: merchandise and services, road transportation fuel and other. The client services team will arrange delivery of your sample pages. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360 view of the company. facts. Since opening our first convenience store in 1979, President Chain Store Corporation (PCSC) has reshaped customers' daily lives. Exactly how many Canadian stores will be sold to Parkland at the minimum, about 45 per cent will be determined after the Competition Bureau has completed its review of the proposed transaction. Some information may no longer be current. WebIndustry Grocery Stores More. The company is expected to report $16.13 billion. Show publisher information Chart. Our 2022 Annual Report and MD&A are available on our website (corpo.couche-tard.com) and on SEDAR (sedar.com). The rankings eliminate fuel sales at locations designated as having a gasoline/fueling station as its primary business. We also have wholesale sales of merchandise and goods to certain independent operators and franchisees. Couche-Tard plans to use the proceeds from the sale of the CST Canadian assets to repay part of its credit facilities. WebAlimentation Couche-Tard Inc. Merchandise and service revenue was US$4.18-billion, up from US$3.76-billion. PEOPLE AND PLACES As of June 30, 2017, Couche-Tard's network totals more than 15,000 sites around the world and employs about 120,000 people. Business Solutions including all features. July 6, 2022. CEO Message. Our balance sheet is robust. Its North American network consists of 17 business units, including 14 in the United States covering 47 states and three in Canada covering all 10 provinces. Chairmans Message & Board Committees. 2016 Annual Information Form PDF Format Download (opens in new window) PDF 361 KB. We dont see it: BRP CEO says sluggish economy no barrier, as Sea-Doos buoy profits, Market movers: Stocks that saw action on Thursday - and why. Overall, analysts expect an average profit of $2.87 per share for the current fiscal year, compared to $2.60 per share in the previous year. 2021 Management Proxy Circular. Our business risks are discussed starting on page 33 of our annual MD&A and are incorporated by reference in this document. 2005 Management Information Circular PDF Format Download (opens in new So were ready to do more and just need the right opportunities at the right values.. This is an excerpt of the original content. We feel good about miles driven, despite all the economic uncertainty that we read about, said chief executive Brian Hannasch on an earnings call Wednesday. Figures prior to 2021 were taken from previous editions of the publication. These Couche-Tard's main banner outside Quebec is Circle K. The company announced plans last year to rebrand its Mac's Milk stores as Circle K. The deal with CST includes the latter's existing partnership with CrossAmerica Partners LP, which distributes branded and unbranded fuel to more than 1,100 locations in the United States. Dollars). The company has also seen sales rise as it buys up other operators. Couche-Tard is the largest convenience store operator in Canada with a The definitive merger agreement between Laval-based Couche-Tard and CST valued at $4.4-billion, including CST debt boosts Couche-Tard's status as a major convenience-store industry consolidator and top global player in the sector, nudging it closer to top dog, 7-Eleven, owned by Seven & I Holdings Co. of Japan. Our store network includes more than 14,000 sites in three markets: We are a leader in convenience store and road transportation fuel in Scandinavia (Norway, Sweden and Denmark), Ireland, the Baltic countries (Estonia, Latvia and Lithuania), and have an important presence in Poland. Jun. The company carries out maintenance of ATMs, sales of calling cards and gift cards, lottery tickets and issuance of money orders, postage stamps and bus tickets; and sale of stationary energy, marine fuel, aviation fuel, lubricants and chemical products. A man passes by a Couche Tard convenience store in Montreal, in this file photo.Graham Hughes/The Canadian Press. The total value of the sale of those assets, including stores, is about $750-million. As at April 24, 2022, approximately 122,000 people work in our network: In Scandinavia, membership in a trade union is particularly common in the business support category. This annual information form includes certain statements that are "forward-looking statements" within the meaning of the securities laws of Canada. Diesel fuel retail prices per month in the U.S. 2021-2023, Monthly retail price of gasoline in the United States 2023, To download this statistic in XLS format you need a Statista Account, To download this statistic in PNG format you need a Statista Account, To download this statistic in PDF format you need a Statista Account. Wall Street is expecting sales to decrease 1.83% compared to the prior year quarter. 14 analysts estimate that Alimentation Couche-Tard will report earnings of $0.488 per share compared to earnings of $0.550 per share from the same quarter last year. The geographic diversity of our footprint reduces our exposure to adverse local and/or regional market conditions, including fluctuations in road transportation fuel prices. MT. The company is keen on North America, but is also open to South America and Asia as opportunities arise, Hannasch said. Stay up to date on Alimentation Couche-Tard Incs business structure, strategy and prospects. Hannasch blamed this on the illicit market, which he said is approaching 40 per cent of total volume in Canada. Statista. Directly accessible data for 170 industries from 150+ countries Copyright 2023 The Globe and Mail Inc. All rights reserved. Follow Bertrand Marotte on Twitter: @globemontrealOpens in a new window. "We certainly will be more selective in the coming months. Couche-Tard distributes the products through merchandising, independent operators and franchisees. The Company has approximately 9,255 convenience stores throughout North America. 06/29/2022 | 05:52pm EDT Annual information form Founded in 1980, Alimentation Couche-Tard Inc. (the "Corporation") is a leader in the convenience store industry, with more than 14,000 stores and approximately 122,000 people in its network worldwide. A man passes by a Couche Tard convenience store in Montreal, in this file photo. Markets Insider Automation Jun. to incorporate the statistic into your presentation at any time. Sector Consumer Goods More. He and chief financial officer Claude Tessier said Couche-Tard will be carrying net debt of 3.5 times earnings before interest, taxes, depreciation and amortization (EBITDA) upon closing of the CST deal, expected in early 2017. As a wholesaler, we purchase and resell road transportation fuel to certain independent store operators, and make non-retail bulk sales to customers with their own storage facilities. "Retail Sales of Alimentation Couche-tard in The United States 2017 to 2021 (in Billion U.S.
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