08:30:02 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Alimentation Couche-Tard Inc
Symbol ATD
Shares Issued 417,776,623
Close 2014-12-19 C$ 49.08
Market Cap C$ 20,504,476,657
Recent Sedar Documents

Inv Reporter refreshes Couche-Tard buy

2014-12-19 21:48 ET - In the News

The Investment Reporter, in its Dec. 12, 2014, issue, refreshes its buy of Alimentation Couche-Tard Inc., recently $40.50. The Reporter said buy 15 times from Sept. 3, 2004, to June 27, 2014, at prices ranging from $10.83 to $61.88 (the stock split 2 for 1 on March 16, 2005, and 3 for 1 on April 23, 2014). Assuming an investment of $1,000 for each of the 15 buys, the $15,000 position would now be worth $81,243. In the six months ended Oct. 12, 2014, the convenience store operator earned $589-million (U.S.), up from $468-million (U.S.) a year earlier. Couche-Tard's revenues in the first half of fiscal 2015 totalled $18.13-billion (U.S.). In the first half, Couche-Tard's cash flow of $714-million greatly exceeded net capital spending of $156-million, acquisitions of $156-million and dividend payments of $44-million. The company used its excess cash flow to reduce its debt by $450-million, reducing its net-debt-to-cash-flow ratio to 1.1. Couche-Tard plans to introduce more fresh products at its stores following the success of its Simply Fresh Coffee offering in Europe. The company pays an 18-cent annual dividend, which is a 0.4-per-cent yield. The stock remains a buy for long-term gains and dividends.

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