Jun 23, 2026
Couche-Tard (ATD) ran over 10% on its Q4 results, which beat on revenue thanks to continued acceleration in US same-store merchandise growth…
… and crushed EPS estimates thanks to margin expansion in fuel, stemming from previous investments that enable the company to capitalize on energy market volatility.
Management expects those drivers to repeat in Q1, giving them confidence in the full-year >10% EPS growth guide and making ATD’s current valuation look interesting.
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