Alimentation Couche-Tard (Cl. A) (TSE:ATD) has released an update.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
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.
For further insights into TSE:ATD stock, check out TipRanks’ Stock Analysis page.