05:33 PM EDT, 09/02/2025 (MT Newswires) -- Alimentation Couche-Tard ( ANCTF ) after trade Tuesday said its fiscal first-quarter profit and revenue fell year-over-year.
The gas-stop and convenience company earned US$737 million, or US$0.78 per share, in the period, down from US$790 million, or US$0.83 per share a year ago. The FactSet consensus estimate expected earnings of US$0.76 per share.
Revenue fell to US$17.35 billion from US$18.28 billion in the year-ago quarter. FactSet projected US$17.90 billion. The company said the year-over-year decrease was mainly attributable to a lower average road transportation fuel selling price, partly offset by the contribution from acquisitions, and by the net impact from organic changes to Alimentation Couche-Tard's ( ANCTF ) network.
"Across our network, we are reporting positive same-store sales, which includes our US market for the first time in several quarters," Chief Executive Alex Miller said.
"In our fuel business, we had overall good results, especially in Canada and our larger European markets, while in North America, fuel margins remained aligned with previous quarters," he added.
The company also said its board declared a quarterly dividend of C$0.195 per share for the fiscal first quarter to shareholders on record as at Sept. 11, and approved its payment effective Sept. 25.
The company's shares closed down $0.37 to $69.24 on the Toronto Stock Exchange.