albert Chan
Most Recent Quarter (2Q19)
Annual Financial Results
[caption id="attachment_56172" align="aligncenter" width="810"]
Fiscal year ends in late April
*Trailing 12 months ended Oct. 14, 2018[/caption] Company Profile Alimentation Couche-Tard Inc., founded in 1980 and headquartered in Laval, Quebec, operates convenience stores and fuel stations under banners such as Circle K, Couche-Tard, Holiday, Ingo, Mac’s, Re.Store and Topaz. The company offers grocery items, food and beverages, fuel, lottery tickets, automated teller machines and car wash services. Alimentation Couche-Tard operates in North America, Norway, Sweden, Denmark, Poland, Estonia, Latvia, Russia and Lithuania. As of Oct. 14, 2018, the company operated 9,943 convenience stores in North America that employed around 105,000 staff and 2,718 convenience stores in Europe that employed around 25,000 staff. Strategy Alimentation Couche-Tard’s strategy centers on providing customers fast and friendly service by offering on-the-go products at its convenience stores and gas stations. The company has adopted an organic growth strategy and makes strategic acquisitions to grow its network and market share. It also aims to strengthen its Circle K convenience store brand globally through customer journey innovation and operational excellence. Revenue Breakdown (2018)
Recent Developments
Management Team
Annual Financial Results
[caption id="attachment_56172" align="aligncenter" width="810"] Fiscal year ends in late April*Trailing 12 months ended Oct. 14, 2018[/caption] Company Profile Alimentation Couche-Tard Inc., founded in 1980 and headquartered in Laval, Quebec, operates convenience stores and fuel stations under banners such as Circle K, Couche-Tard, Holiday, Ingo, Mac’s, Re.Store and Topaz. The company offers grocery items, food and beverages, fuel, lottery tickets, automated teller machines and car wash services. Alimentation Couche-Tard operates in North America, Norway, Sweden, Denmark, Poland, Estonia, Latvia, Russia and Lithuania. As of Oct. 14, 2018, the company operated 9,943 convenience stores in North America that employed around 105,000 staff and 2,718 convenience stores in Europe that employed around 25,000 staff. Strategy Alimentation Couche-Tard’s strategy centers on providing customers fast and friendly service by offering on-the-go products at its convenience stores and gas stations. The company has adopted an organic growth strategy and makes strategic acquisitions to grow its network and market share. It also aims to strengthen its Circle K convenience store brand globally through customer journey innovation and operational excellence. Revenue Breakdown (2018)
Recent Developments
| Date | Development |
| Dec 17, 2018 | Alimentation Couche-Tard and CrossAmerica Partners LP sign a deal to swap convenience and gas station assets in the U.S.: Couche-Tard will sell 192 U.S. convenience and gas station stores worth $184.5 million to CrossAmerica and CrossAmerica will sell to Couche-Tard assets worth $184.5 million, including the real estate property for 56 U.S. company-operated convenience and gas station stores leased and operated by Couche-Tard and 17 stores owned and operated by CrossAmerica. |
| Dec 6, 2018 | Circle K acquires Illinois-based, family-run convenience store operator Carls Oil Co. Inc. and takes over all its assets. |
| Dec 3, 2018 | St1 Norge AS, a Norway-based fuel station operator, acquires Statoil Fuel & Retail Marine AS from Alimentation Couche-Tard. |
- Alain Bouchard, Founder and Executive Chairman
- Brian Hannasch, President and CEO
- Claude Tessier, CFO
- Deborah Hall Lefevre, CIO
- Kevin A. Lewis, CMO
- Ina Strand, Chief Human Resources Officer
Source: Company reports/Bloomberg/S&P Capital IQ/Coresight Research
Sector Overview- For context on this company, please refer to our report Sector Overview: Convenience Stores.