Alimentation Couche-Tard Inc (TSE:ATD) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Alimentation Couche-Tard Inc. reported a dip in net earnings for both the fourth quarter and the fiscal year of 2024, with Q4 earnings at $453.0 million ($0.47 per diluted share) compared to $670.7 million ($0.68 per diluted share) in fiscal 2023. The company faced a decrease in same-store merchandise revenues across all regions, attributed to economic challenges affecting low income consumers and a decline in road transportation fuel volumes. Despite these challenges, the company achieved strong network growth through significant acquisitions and executed successful issuances of senior unsecured notes in multiple currencies.
For further insights into TSE:ATD stock, check out TipRanks’ Stock Analysis page.
