Alimentation Couche-Tard (Cl. A) (TSE:ATD) has released an update.
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Alimentation Couche-Tard reported a decrease in net earnings for Q3 2024, with $623.4 million compared to $737.4 million in the same quarter last year. Despite a 1.6% increase in total merchandise and service revenues, the company experienced a decrease in same-store merchandise revenues across the US, Europe, and Canada, as well as a dip in US road transportation fuel margins. The quarter also saw significant expansion, with over 2,000 new sites acquired in Europe and further growth in the US.
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