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Alimentation Couche Tard Inc (ATDb.TO)

ATDb.TO on Toronto Stock Exchange

61.54CAD
29 May 2017
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Latest Key Developments (Source: Significant Developments)

Alimentation Couche-Tard Q3 earnings per share $0.50
Tuesday, 14 Mar 2017 08:39am EDT 

Alimentation Couche Tard Inc : Alimentation Couche Tard announces its results for its third quarter of fiscal year 2017 . Qtrly earnings per share $0.50 . Alimentation Couche Tard Inc- revenues were $11.4 billion for Q3 of fiscal 2017, up by $2.1 billion or 22.3%, compared with corresponding quarter of fiscal 2016 . Alimentation Couche Tard Inc - closing of CST acquisition deal is now anticipated to be in early fiscal year 2018 . Q3 adjusted earnings per share $0.53 excluding items . Q3 earnings per share view $0.66, revenue view $11.18 billion -- Thomson Reuters I/B/E/S .Alimentation Couche Tard Inc - same-store merchandise revenues increased by 1.9 percent in U.S. and by 2.5pct in Europe and decreased by 0.9 percent in Canada.  Full Article

Shell reaches agreement with Couche-Tard for sale of Denmark marketing ops
Tuesday, 28 Feb 2017 09:08am EST 

Royal Dutch Shell Plc : Reached agreement with Couche-Tard for sale of marketing operations in Denmark .Businesses will be managed by Statoil Fuel And Retail A/S, a wholly-owned indirect subsidiary of Couche-Tard.  Full Article

Alimentation Couche-Tard Q2 EPS $0.57
Tuesday, 22 Nov 2016 08:44am EST 

Alimentation Couche Tard Inc : Alimentation Couche-Tard announces its results for its second quarter of fiscal year 2017 . Alimentation Couche Tard Inc qtrly earnings per share $0.57 . Alimentation couche tard inc qtrly earnings per share excluding items $0.58 . Alimentation Couche Tard - qtrly same-store merchandise revenues up 2.3 pct in U.S., 3.4 pct in Europe and 1.2 pct in Canada . Q2 earnings per share $0.57 . Alimentation Couche Tard qtrly total revenue $8,445.5 million versus $8,436.8 million .Q2 earnings per share view $0.59, revenue view $8.91 billion -- Thomson Reuters I/B/E/S.  Full Article

Alimentation Couche-Tard Q1 earnings per share $0.57
Tuesday, 30 Aug 2016 08:47am EDT 

Alimentation Couche-tard Inc : Q1 earnings per share $0.57 . Q1 revenue $8.4 billion . Q1 earnings per share $0.58 excluding items . Qtrly same-store merchandise revenues up 2.4% in U.S., 4.9% in Europe and 0.9% in Canada . Tard Inc - on track when it comes to delivering on more than $125 million in cost synergies for the pantry . Q1 earnings per share view $0.58, revenue view $8.82 billion -- Thomson Reuters I/B/E/S . Tard - during Q1, transferred 50 sites from dansk fuel to danish unit,converted those 50 sites to co-operated model . Tard Inc - expect that transfer and conversion of remaining 77 sites will be completed by end of Q3 of fiscal year 2017 .Qtrly revenue $8.42 billion versus $8.98 billion.  Full Article

Couche-Tard buys 53 sites in Louisiana
Monday, 29 Aug 2016 08:29am EDT 

Alimentation Couche-tard Inc : Couche-Tard buys 53 sites in Louisiana . Parties have agreed not to disclose purchase price for this acquisition . Tard Inc - acquisition will be financed from Couche-Tard's available cash and existing credit facilities . Says transaction is anticipated to close in Q3 of Couche-Tard's fiscal year 2017 .Tard - following the deal , all of stores would be rebranded and operated under Circle K brand by Co's U.S. Division of Gulf Coast Region.  Full Article

Cst Brands to pay a termination fee of $133 million to Alimentation Couche-Tard
Tuesday, 23 Aug 2016 06:49am EDT 

Cst Brands Inc:Upon termination of deal under some circumstances, will be required to pay a termination fee of $133 million to Alimentation Couche-Tard.  Full Article

Alimentation Couche-Tard says will continue to look at tuck in acquisitions - Conf call
Monday, 22 Aug 2016 02:07pm EDT 

Alimentation Couche-Tard Inc: Says will continue to look at tuck in acquisitions - Conference call . Expects annual pre-tax cost synergies of $150m-$200m be realized 24-36 months after closing . Expects EPS accretion to reach 40-50 cents during third year following the acquisition . "we do not intend to issue equity in connection with this transaction" . By the end of 2nd year post acquisition we expects more than $1.2 billion in free cash flow Further company coverage: [ATDb.TO] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Couche-Tard to buy CST's interest in CrossAmerica as part of merger with CST
Monday, 22 Aug 2016 07:10am EDT 

CrossAmerica Partners: CrossAmerica Partners LP: owner of CrossAmerica Partners LP's general partner, CST Brands Inc, enters into merger agreement with Alimentation Couche-Tard Inc. .Couche-Tard will, through its buy of CST, acquire CST's interest in CrossAmerica and associated incentive distribution rights.  Full Article

CST Brands says to merge with Alimentation Couche-Tard Inc
Monday, 22 Aug 2016 07:00am EDT 

CST Brands Inc : Announces merger agreement with Alimentation Couche-Tard Inc in a $4.4 billion cash merger transaction . CST Brands, Inc. announces merger agreement with Alimentation Couche-Tard Inc. in a $4.4 billion cash merger transaction . Deal for $48.53 per share in cash . Couche-Tard expects to finance transaction with available cash, its existing credit facilities and a new term loan . Upon completion of transaction, Circle K will establish a new business unit in san antonio with attached shared services operations .Transaction is currently expected to close early calendar year 2017.  Full Article

Couche-Tard to merge with CST Brands
Monday, 22 Aug 2016 07:00am EDT 

Alimentation Couche-Tard : Couche-Tard announces definitive merger agreement with CST Brands, Inc. . Couche-Tard Inc - Couche-Tard intends to use proceeds from sale to repay part of its credit facilities . Couche-Tard-Entered into deal with Parkland Fuel Corp to which it would sell certain Canadian assets of CST after merger for approximately US$ 750 million .Couche-Tard Inc - upon completion of deal, co would establish a new business unit in San Antonio with attached shared services operations.  Full Article

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