Alimentation Couche-Tard (Cl. A) (TSE:ATD) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
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.