Couche-Tard

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Top stories on just-food this week

1 May 2009

The topic of swine flu has certainly captured many media headlines this week as the pork industry waits to assess the full impact. Also under strain, Fonterra decided to quit its venture in India after realising too much investment was needed behind the business. Dutch food group Vion also announced plans to close a bacon processing site close in the UK. A company that doesn't seem to be suffering too much however, is Unilever, which this week announced its intention to buy ketchup maker Baltimor Holding. These are the top stories on just-food this week.

CANADA/US: Couche-Tard to buy c-store chain

29 Apr 2009

Canadian c-store operator Couche-Tard has agreed to acquire ExxonMobil's On the Run convenience store chain in the US and 43 of its sites in Arizona.

CANADA: Couche-Tard books Q3 earnings growth

17 Mar 2009

Canadian c-store operator Couche-Tard has posted net earnings for the third quarter to 1 February of C$71.1m (US$55.9m), up from $50.5m last year.

CANADA: Couche-Tard acquires 13 Quebec stores

3 Feb 2009

Canadian convenience store operator Couche-Tard is acquiring 13 corporate Petro-T stores in Quebec from privately-held Group Therrien.

CANADA: Couche-Tard profits boosted by fuel margin

26 Nov 2008

Canadian convenience operator Couche-Tard posted a 17.5% increase in net income for the first half, benefiting from higher gross margins on fuel in the US.

CANADA: Couche-Tard upbeat despite downturn

3 Sep 2008

Canadian convenience operator Alimentation Couche-Tard said that it expects to grow full-year sales despite feeling the negative impact of the global credit crunch during the first quarter.

CANADA: Couche-Tard CFO departs

3 Sep 2008

Alimentation Couche-Tard has announced that Richard Fortin is stepping down as chief financial officer with immediate effect.

CANADA: Couche-Tard sees earnings halve as fuel costs soar

16 Jul 2008

Canadian convenience store operator Couche-Tard saw its net earnings halve for the fourth quarter as a result of soaring fuel prices.

CANADA: Couche-Tard launches “Menu” concept

29 May 2008

Canadian c-store operator Couche-Tard told just-food that it is targeting “adults on the go” with a range of ready-to-eat meals and fresh food products.

CANADA: Couche-Tard considering US acquisitions

7 May 2008

Canadian convenience store operator Couche-Tard has confirmed that it is on the look out for “medium sized” acquisitions in the US.

VIETNAM: Couche-Tard plans Circle K launch

6 May 2008

Canadian retailer Couche-Tard is set to launch its Circle K brand in the Socialist Republic of Vietnam.

CANADA: Couche-Tard acquires 83 midwest stores

1 May 2008

Couche-Tard has signed, through its subsidiary Mac's Convenience Stores, an agreement to acquire 83 stores in St Louis Missouri and central Illinois from Spirit Energy (Convenient Food Mart) for an undisclosed sum.

CANADA: Couche-Tard to expand in Illinois

20 Mar 2008

Couche-Tard, the Canadian convenience store chain, is to acquire 15 stores in Illinois through its subsidiary Mac's Convenience Stores.

CANADA: New US units for Couche-Tard

24 Jan 2008

Couche-Tard, the Canadian convenience store chain, has created two business units in the US.

CANADA: Acquisitions drive profit jump at Couche-Tard

31 Aug 2007

Canada-based convenience chain Alimentation Couche-Tard has booked a 28% jump in quarterly profit as acquisitions over the last 12 months boosted sales.

CANADA: Couche-Tard chief upbeat despite flat profits

18 Jul 2007

The chief of Canadian convenience store group Alimentation Couche-Tard has said he is “satisfied” with the company’s performance, despite posting flat profits over the last 12 months.

CANADA: Couche-Tard acquires more US stores

26 Mar 2007

Canadian convenience store group Alimentation Couche-Tard has acquired 28 stores in northwest Ohio from Sterling Stores.

CANADA: Couche-Tard profit down 20%

14 Mar 2007

Canadian convenience group Alimentation Couche-Tard, which operates Circle K convenience stores in the US, said third quarter profit fell 20% due to tough competition hitting petrol sales.

US: Couche-Tard expands US store base

9 Mar 2007

Canadian convenience store group Alimentation Couche-Tard has acquired 53 stores in Oklahoma City, from Star Fuel Marts.

CANADA: Couche-Tard Q2 profit surges 35%

22 Nov 2006

Canadian convenience store operator Couche-Tard has said it will step up its strategic acquisition strategy and increase its dividend after posting a 35% increase in second quarter profits, which rose to US$74.7m, or $0.37 per share, thanks to substantial growth in the US.

CANADA: Couche-Tard bullish following strong results

7 Sep 2006

Addressing shareholders at Couche-Tard ’s AGM after the retailer posted revenue growth of 30.9% for Q1 2007 last week, management spoke of the company's aggressive acquisition strategy and predicted continued strong growth in the coming years.

US: Couche-Tard acquires 54 stores in Ohio

25 Aug 2006

Canada's Alimentation Couche-Tard has, through an indirect wholly-owned subsidiary, Mac’s Convenience Stores, signed an agreement to purchase 54 stores in Ohio from Holland Oil Company.

WORLD: IGD releases Ten to Watch list

19 May 2006

Food businesses from China, the US, Russia, India, Canada and Thailand are included in the Institute of Grocery Distribution’s Ten to Watch 2006.

CANADA: Couche-Tard posts higher profit, continues expansion

16 Nov 2005

Canadian convenience store operator Alimentation Couche-Tard has reported higher earnings and said it is continuing its US expansion.

CANADA/USA: Couche-Tard acquires seven stores in Ohio

27 Oct 2005

Canadian convenience store operator Alimentation Couche-Tard has announced that its subsidiary, Mac’s Convenience Stores, has signed an agreement with Ports Petroleum to purchase seven stores located in Ohio.

CANADA/USA: Couche-Tard acquires 16 stores in New Mexico

12 Sep 2005

Canadian convenience store company Alimentation Couche-Tard has announced that it has, through its subsidiary Circle K Stores, signed an agreement with Conway Oil Company and Conway Real Estate Company to purchase 16 stores located in New Mexico.

CANADA: Couche-Tard posts higher Q1 profit, eyes acquisitions

24 Aug 2005

Canadian convenience store operator Couche-Tard has said net earnings increased by 12.5% to US$54.1m, or $0.26 per share, for the first quarter to 17 July, compared with $48.1m, or $0.23 per share, in the same period of the previous year.

CANADA: Alimentation Couche-Tard announces record year

13 Jul 2005

Canadian convenience store operator Alimentation Couche-Tard has announced a rise in earnings for the year ended 24 April 2005, reflecting, it said, the major contribution of Circle K for the full year and higher fuel margins in the US.

CANADA/USA: Couche-Tard buys US convenience stores

7 Apr 2005

Canadian convenience store operator Alimentation Couche-Tard has signed agreements to buy ten stores in the Midwest United States.

CANADA: Couche-Tard announces rise in Q3 sales, profits

9 Mar 2005

Canadian convenience store operator Alimentation Couche-Tard has announced a rise in turnover to CA$2.923bn (US$2.42bn) in the third quarter ended 30 January 2005, compared with CA$1.765bn in the same period last year.

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