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.


For the 12-week period, Couche-Tard achieved revenues of $2.18bn, compared with $1.83bn for the same period in fiscal 2005, an increase of 19.1%. The company recorded 76.2% of its revenues in the United States, little changed from 76.3% in the first quarter last year.


In the US, revenues totalled $1.66bn, an increase of 18.8%, while revenues in Canada rose 19.5% to $519.1m.


“With the successful integration of Circle K behind us and considering our strong financial position, we will seek out a larger-scale acquisition opportunity and, as stated previously, we will continue to assess the possibility of participating in the development of the Circle K network of international licensees,” said Alain Bouchard, president and CEO.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now