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Alimentation Couche-Tard reports net earnings of $819.2M in second quarter
And total merchandise and service revenues were $4.1 billion, up 1% from last year
Supermarket News Staff
November 30, 2023
1 Min Read
Alimentation Couche-Tard says same-store merchandise revenues decreased by 0.1 per cent in the U.S. and 0.2 per cent in Europe but rose 1.6 per cent in Canada.Couche-Tard
Alimentation Couche-Tard Inc. says its net earnings for the second quarter were $819.2 million (U.S.), up from US$810.4 million a year earlier.
The Laval, Que.-based company says total merchandise and service revenues were $4.1 billion, up 1% from last year.
Alimentation Couche-Tard says same-store merchandise revenues decreased by 0.1% in the U.S. and 0.2% in Europe but rose 1.6% in Canada.
President and CEO Brian Hannasch says the company saw softening in U.S. same-store sales driven by weakness in the cigarette category and compared with a strong second quarter a year earlier.
Diluted earnings per share were 85 cents, up from 79 cents during the same quarter last year.
The company says same-store road transportation fuel volumes decreased by 1.5% in the and 0.9% in Europe but increased 3% in Canada.
