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Alimentation Couche-Tard Q3 Adjusted Profit Rises 17% But Misses Estimates; Declares Dividend
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Alimentation Couche-Tard Q3 Adjusted Profit Rises 17% But Misses Estimates; Declares Dividend
Mar 17, 2026 2:53 PM

05:34 PM EDT, 03/17/2026 (MT Newswires) -- Alimentation Couche-Tard ( ANCTF ) on Tuesday reported a 17% rise in adjusted profit for its fiscal third quarter, but missed analysts' estimates and declared a dividend.

The global gas-stop and convenience operator said its adjusted earnings, excluding most one-time items, rose to US$751.0 million, or US$0.81 per share, in the quarter ended Feb.1, up from US$641.0 million, or US$0.68, a year earlier, missing the consensus US$0.83 estimate compiled by FactSet.

Revenue for the quarter rose to US$21.81 billion, up 4.3% from a year earlier but below the US$22.13 billion estimate from FactSet.

"For the third consecutive quarter, we delivered positive same-store sales across every region and once again outperformed the broader industry. Customers continue to respond to the value and ease of our offer, from Meal Deals to our compelling Thirst and Nicotine programs, which along with healthy fuel margins and deepening loyalty program engagement are feeding our momentum as we execute our refreshed Core + More strategy," chief executive Alex Miller said.

The company said it acquired 12 company-operated stores in the third quarter, reaching a total of 26 company-operated stores acquired through various transactions since the beginning of fiscal 2026. It also completed the construction of 37 stores and the relocation or reconstruction of 8 stores, reaching a total of 80 stores since the beginning of fiscal 2026.

The board of directors also declared a quarterly dividend of C$0.21 per share for the third quarter of fiscal 2026 paid April 2 to shareholders on record on March 26.

The company's shares closed down C$1.29 to C$82.96 on the Toronto Stock Exchange on Monday.

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