Alimentation Couche-Tard Inc. (ATD) Earnings Call Transcripts

Alimentation Couche-Tard Inc.'s Latest Earnings Call - Q4 FY2026

In the fourth quarter of fiscal year 2026, Alimentation Couche-Tard Inc. reported strong financial results, with revenue growth of nearly 20% year-over-year and net earnings of $863 million, or $0.94 per share. The company highlighted a successful execution of its Core+ more strategy, leading to significant market share gains and improved customer engagement. Management maintained a positive outlook, signaling continued momentum into fiscal 2027, with expectations for organic EPS growth of over 10%.

Reported metrics

Guidance from management

Management maintained a positive outlook for fiscal 2027, expecting to achieve organic EPS growth of over 10%. They emphasized continued execution of their Core+ more strategy to drive growth.

What management said

And to be on Alex also [indiscernible] , it's not just U.S. You can see that also in Europe. We are trading there. Alex just mentioned that we know we are even further investing in additional terminals there because we receive value also on that piece. So yes, very, very excited by what we have been and what what is still there in terms of opportunities. So we're confident that we'll continue to hold platform there.

Michael, I understand that that's your last coming calls with us. So just wanted to thank you. It has been a pleasure to work with you. And yes, just wanted to wish you a happy retirement, Michael. Well deserved.

What analysts pressed on

Analysts expressed concerns regarding the impact of high fuel prices on consumer behavior and potential pressures on same-store sales in Canada, particularly in the tobacco category. There were also questions about the sustainability of fuel margins amid volatile market conditions.

Main topics on the call

• Strong Revenue Growth — Couche-Tard achieved nearly 20% year-over-year revenue growth, driven by strong performance across all business units. CEO Alex Miller stated, "We are winning in the markets we serve, strengthening our position and widen...
• Record EBITDA in Canada — The company reported record-breaking EBITDA in Canada, attributed to strong fuel execution and market share gains. This reflects the effectiveness of their operational strategies in the region.
• Same-Store Sales Performance — Same-store sales grew 2.2% on a consolidated basis, with the U.S. leading at 3.4%. This marks the best quarterly result in three years, indicating strong customer engagement and effective promotional strategies.
• Digital Engagement and Loyalty Programs — The Inter Circle loyalty program has expanded to over 5,000 stores, growing by nearly 50% year-over-year. Management noted, "We are seeing progress in execution, assortment, vendor partnerships and a coordinated supply m...

Read the full Alimentation Couche-Tard Inc. transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 35 Alimentation Couche-Tard Inc. earnings call transcripts on record, spanning March 18, 2020 to June 23, 2026. Based on this history, Alimentation Couche-Tard Inc. reports quarterly. The most recent call on file is dated June 23, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

ATD

Exchange

TSX

Country

CA

Sector

Consumer Staples

Industry

Consumer Staples Distribution and Retail

Calls on record

35

First call

March 18, 2020

Most recent

June 23, 2026

Reporting cadence

quarterly