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Company Earnings Update

Alimentation Couche-Tard (TSX: ATD.B) 4Q19 Results: Revenue Below Consensus, Merchandise and Service Drive Growth

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Coresight Research

Key Points

  • Alimentation Couche-Tard reported fiscal 4Q19 revenue of $13.1 billion, slightly below the consensus estimate of $13.3 billion and down 3.7% from 4Q18.
  • The company’s merchandise and service segment 4Q19 revenue increased 2.4% year over year while road transportation fuel segment 4Q19 revenue decreased 4.3% year over year.
  • 4Q19 revenue for the “other” segment, however, fell some 40.8% year over year.
  • Alimentation Couche-Tard will open 28 stores in the upcoming quarters.

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