Alimentation Couche-Tard reported earnings of US$791 million (or $0.83 per share) in the first quarter of its fiscal 2025, down from $834.1 million ($0.85) a year earlier. That was almost on par with analysts’ estimate of a $0.84 per share. Revenues rose by 17 percent to $18.3 billion.
The Montreal-based retailer, which recently announced it’s negotiating the acquisition of 7-Eleven parent company Seven & i, is bidding farewell to CEO Brian Hannasch at its annual meeting today. Current COO Alex Miller steps into the top job tomorrow.
