Alimentation Couche-Tard saw its profits decline in the second quarter of 2025 with net income attributable to shareholders down 13.5% to US$708.8 million, compared to US$819.2 million for the same period. period of the previous financial year.
For the quarter ended October 13, earnings per diluted share were US$0.75, down 10 cents from US$0.85 in the same quarter of 2024, which The Laval-based company attributes this in particular to weaker consumer demand.
On the other hand, revenues from merchandise and services increased by 6.6% to US$4.4 billion, while same-store merchandise sales decreased by 2.3% in Canada and by 1 .6% in the United States.
Same-store road transportation fuel volumes decreased by 2.2% in the United States, affected by a drop in demand in the industry and two major hurricanes affecting the southeastern region of the country.
However, they increased by 0.5% in Canada and by 0.1% in Europe and other regions, we can read.
Furthermore, the Quebec convenience store giant announced that it had entered into an agreement during the same quarter to acquire 270 corporate convenience and fuel sales stores.
“Although a portion of our convenience and fuel sales activities continued to be tested during the quarter, as consumers continue to carefully monitor their spending, we remain confident in the benefits of our network globally diversified,” said Alex Miller, President and CEO.
