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Alimentation Couche-Tard Fiscal Q4 Adjusted Profit Jumps 51%, Tops Estimates

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Alimentation Couche-Tard (ATD.TO) on Monday reported a 51% year-on-year rise in adjusted profit for its fiscal fourth quarter, beating analyst estimates on higher merchandise and service revenues and announcing a dividend.

The company said its adjusted profit, excluding most one-time items rose, to US$667 million, or US$0.73 per diluted share, from US$441.0 million, or US$0.46, a year earlier, exceeding the consensus US$0.54 estimate compiled by FactSet.

ATD said the results were affected by a pre-tax net recovery from the resolution and remeasurement of certain long-standing legal matters of US$260.9 million, by a pre-tax net foreign exchange gain of US$5.9 million and by pre-tax acquisition costs of US$3.3 million in the fourth quarter.

Revenue for the quarter ended April 26 was US$19.5 billion, up from a year earlier revenue of US$16.3 billion. It reported a total merchandise and service revenues of US$4.5 billion, an increase of 7.7%.

During the fourth quarter and fiscal 2026, the company said it repurchased 0.4-million and 30.0-million shares, respectively. Additionally, the company also declared a quarterly dividend of C$0.215 per share for the fourth quarter to shareholders on record as at July 9 and approved its payment effective July 23.

"The commitment and resilience of our teams is reinforcing the progress we are making in the business as we continue to win in the markets we serve," said chief executive Alex Miller.

The company's shares closed down C$0.11 to C$82.26 on the Toronto Stock Exchange on Monday.

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