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Alimentation Couche-Tard (ATD) investor relations material
Alimentation Couche-Tard AGM 2025 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.AGM 2025 summary3 Sep, 2025
Opening remarks and agenda
President and CEO marked the 45th anniversary, emphasizing a culture focused on people and customers.
Leadership highlighted the importance of adapting to current retail challenges and prioritizing customer loyalty.
Financial performance review
Fuel business maintained market share and delivered strong volumes and margins, with global supply chain optimization.
B2B operations showed solid results in Europe and encouraging growth in the U.S.
Board and executive committee updates
CEO reflected on his first year in the role, focusing on customer-centric strategies and operational excellence.
Rationale for not setting GHG emission targets?
What metrics show customer loyalty improvement?
Update on GetGo acquisition integration?
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Next Alimentation Couche-Tard earnings date
Q2 202625 Nov, 2025
Next Alimentation Couche-Tard earnings date
Q2 202625 Nov, 2025
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Frequently asked questions
Gas station and convenience store operators
Couche-Tard is one of the world's largest gas station and convenience store operators and the parent company behind gas station chains Circle K, Couche-Tard, and Ingo.
You have most certainly visited one of Couche-Tard’s 14,000 locations, spread over a dozen countries, and you probably agree that gas stations and convenience stores are a complete necessity. They are in transit to any destination.
A great role in the expansion of electric cars
As we are adapting to the use of electric vehicles, Couche-Tard plays a major role in making superchargers as convenient and accessible as possible. They have experience with this by already being present in Norway–the country with the highest electric vehicle penetration in the world.
Increased sales during historical recessions
Couche-Tard has also proven to be a recession-resilient business and posted sales increases of 5 percent and 8 percent, respectively, during the Dot-Com Bubble and the Great Recession.
Businesses that can earn a high return on their capital employed (ROCE) and at the same time increase the amount of capital employed are often able to multiply in value over time.
Founded by Alain Bouchard
Alain Bouchard founded Couche-Tard 42 years ago and is still active in the company as Executive Chairman. Couche-Tard grew steadily over the first two decades after its inception, organically and through acquisitions. The company has continued to grow and has incredibly enough been profitable every year since their IPO in 1986.
Couche-Tard has increased the amount of capital employed by 115 percent over the past five years and earned a return of roughly 15 percent on that capital. This steady growth is also reflected in the stock price, which is up 270 percent over the same period.
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