05:43 PM EST, 11/24/2025 (MT Newswires) -- Alimentation Couche-Tard ( ANCTF ) on Monday reported a 4.1% year-on-year increase in its adjusted profit for its fiscal second quarter, driven by contributions from acquisitions, improved merchandise and fuel gross margins, and organic growth across its convenience and gas-stop business, as it hiked its dividend.

The company said its adjusted profit, excluding most one-time items rose to US$734.0 million, or US$0.78 per diluted share, from US$705.0 million, or US$0.75 per diluted share, a year earlier, exceeding the consensus US$0.75 estimate compiled by FactSet.

Revenue for the quarter ended Oct. 12 was US$17.9 billion, up 2.6% from a year earlier but below the US$18.01 billion estimate from FactSet.

Couche-Tard said the top line was supported by acquisitions and organic network changes, partly offset by lower average fuel prices, softer wholesale fuel revenue and divestitures related to the GetGo acquisition. Foreign-exchange translation added about US$332 million to revenue in the quarter.

Alex Miller, Chief Executive Officer, said: "With same-store sales growth across all our geographies for the second consecutive quarter, along with strong margins and sequential volume growth in fuel, we are encouraged by the positive momentum we're continuing to build in our business ... Looking ahead, we remain focused on delivering compelling value and investing in programs that drive operational excellence, optimize our supply chain, and enhance the customer experience in the store, at the pump, and digitally."

At its Nov. 24, 2025, meeting, the board of directors approved a C$0.02 increase to the quarterly dividend, raising it 10% to C$0.215 per share.

The company's shares closed down C$1.09 to C$70.93 on the Toronto Stock Exchange on Monday.