Alimentation Couche-Tard Inc. operates and licenses convenience stores. Its convenience stores sell tobacco products, grocery items, candies and snacks, beer, wine, beverages, and fresh food offerings; road transportation fuels; and aviation fuels, as well as energy for stationary engines. The company operates its convenience stores chain under the Circle K, Couche-Tard, Holiday, Ingo, and Mac's brands. It is also involved in the sale of lottery tickets, calling and gift cards, postage stamps, and bus tickets; issuance of money orders; and provision of automatic teller machines and car wash services. As of April 24, 2022, it operated and licensed 12,166 convenience stores, which include 9,808 company-operated stores in North America, Europe, and Asia, as well as approximately 1,800 stores operated under the Circle K banner in Cambodia, Egypt, Guam, Guatemala, Honduras, Indonesia, Jamaica, Macau, Mexico, New Zealand, Saudi Arabia, the United Arab Emirates, and Vietnam. The company was formerly known as Actidev Inc. and changed its name to Alimentation Couche-Tard Inc. in December 1994. Alimentation Couche-Tard Inc. was founded in 1980 and is headquartered in Laval, Canada.

Alimentation Couche-Tard Inc.

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Loss on Disposal of Aviation Fuel Business

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Negative Goodwill

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Total Revenues

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Income Statement	Oct '25	Jul '25	Apr '25	Feb '25	Oct '24	Jul '24
Total Revenues	17,866.1	17,346.9	16,270.5	20,903.5	17,405.3	18,277.5
Total Revenues %Chg	2.6%	-5.1%	-7.5%	6.5%	6%	17%
Revenues
Cost of Sales	14,459.3	14,032.9	13,337.5	17,139.3	14,254.3	15,104.4
Cost of Sales, Excluding Depreciation, Amortization and Impairment
Gross Profit	3,406.8	3,314	2,933	3,764.2	3,151	3,173.1
Gross Profit Margin	19.1%	19.1%	18%	18%	18.1%	17.4%
Selling, General & Administrative Expenses	1,787	1,709.2	1,724.8	2,136	1,649.9	1,632.5
Operating, Selling, General and Administrative Expenses
Depreciation & Amortization Expenses	534.1	527.8	540.8	656.2	467.5	440.9
Depreciation, Amortization and Impairment
Other Operating Expenses	—	—	—	—	—	—
Restructuring and Integration Costs
Loss on Disposal of Aviation Fuel Business
Operating Profit	1,085.7	1,077	667.4	972	1,033.6	1,099.7
Operating Margin	6.1%	6.2%	4.1%	4.6%	5.9%	6%
Interest and Investment Income	10.6	5.4	3.3	7.9	8.9	8.4
Share of Earnings of Joint Ventures
Financial Revenues
Interest Expense	-172.5	-166.7	-155	-216.3	-160.8	-158.7
Financial Expenses
Non-Operating Income	38.6	108.4	28.7	53	48.1	81.9
Negative Goodwill
Gain on Disposal of Property and Equipment and Other Assets
Curtailment Gains on Defined Benefits Pension Plan Obligation
Gain on Disposal of Lubricant Business
Other Financial Items
Foreign Exchange Gain
Total Non-Operating Income	-123.3	-52.9	-123	-155.4	-103.8	-68.4
Income Before Provision for Income Taxes	962.4	1,024.1	544.4	816.6	929.8	1,031.3
Earnings Before Income Taxes
Provision for Income Taxes	219.1	238	102.1	171.6	217.8	238.2
Income Taxes
Consolidated Net Income	743.3	786.1	442.3	645	712	793.1
Net Earnings
Net Income Attributable to Minority Interests and Other	2.7	3.6	2.9	3.6	3.2	2.3
Less: Net Earnings Attributable to Non-Controlling Interests
Net Income Attributable to Common Shareholders	740.6	782.5	439.4	641.4	708.8	790.8
Net Earnings
Basic EPS	0.8	0.8	0.5	0.7	0.8	0.8
Diluted EPS	0.8	0.8	0.5	0.7	0.8	0.8
Basic Weighted Average Shares Outstanding	940.1	948.1	948.6	948	948.2	956.7
Total Shares Outstanding	931.9	948.1	948.1	948.1	948	956.7
Diluted Weighted Average Shares Outstanding	940.6	948.6	948.6	948.7	948.9	957.3
EBITDA	1,621.6	1,605.6	667.4	1,629.4	1,503.8	1,541.6
Effective Tax Rate	22.8%	23.2%	18.8%	21%	23.4%	23.1%