Alimentation Couche-Tard (ATD) posted a solid Q2, beating estimates on the back of continued momentum in same-store sales growth that management expects can hold through the balance of the year.
As for the excess capital after its failed Seven & i bid, ATD hammered the buyback…
… which should remain a part of its capital allocation plan alongside M&A, with a pipeline of opportunities of all sizes across its geographic footprint.
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We are active with files in all three of our large geographies… both smaller and larger files out there today. We’re engaged, and we continue to see quite a bit of deal flow.
Alex Miller (CEO) - ATD Q2’26 call
