ANCUF Alimentation Couche Tard Inc featured news, full reports, and detailed charts
Alimentation Couche Tard Inc (ANCUF/ANCUF.PK) Wrap Up:
Alimentation Couche-Tard Inc. engages in the operation of convenience stores. Alimentation Couche-Tard offers its customers approximately 3,200 products that include traditional convenience store items, such as tobacco products, beer/wine, frozen beverages, candy and snacks, coffee, and dairy items, as well as fresh food and foodservice items. It also provides services, including automatic teller machines, lottery ticket sales, cell phones, prepaid phone cards, and financial services, as well as sells branded and unbranded motor fuel. The company operates its stores under Couche-Tard, Mac?s, and Circle K brand names. As of July 14, 2009, its network consisted of 5,443 convenience stores, including 3,646 motor fuel dispensing stores in Canada and the United States. The company was formerly known as Actidev Inc. and changed its name to Alimentation Couche-Tard Inc. in December 1994. Alimentation Couche-Tard was founded in 1988 and is headquartered in Laval, Canada.Alimentation Couche Tard Inc (ANCUF:OTC)
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Market Cap
2.4B
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Total Revenue
15.1B
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EBITDA
630.0M
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DILUTED EPS TTM
1.53
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P/E
12.2x
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P/S
0.2x
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Return On Asset
8.05
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Return On Equity
21.99
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| K = Thousands M = Millions B = Billions | ||
ANCUF Top Compensated Officers
Executives, Board Directors
Key developments for Alimentation Couche Tard Inc (ANCUF)
Alimentation Couche-Tard Inc. expects to enter into an agreement through one of its wholly-owned subsidiaries, to create a joint venture with Pennzoil-Quaker State Company to operate approximately 100 convenience stores in the greater Chicago metropolitan area. The transaction is subject to final management approvals of both companies, standard regulatory approvals and closing conditions and is expected to close by the end of 2009. An agreement between the parties does not allow the details of the Joint Venture to be disclosed at this time. Of the 100 convenience stores within the scope of the proposed venture, 89 stores are currently operated by third party operators under an operator agreement with Shell, including 32 operated under the Circle K banner by Couche-Tard's Midwest Division. The remaining 11 locations currently operate as Shell retail marketers under a retail lease agreement. The majority of the 100 stores would be operated by Couche-Tard's Midwest Division under the Circle K banner. Shell motor fuel and branded products would continue to be marketed at all 100 locations. All 100 stores held by Shell would be transferred over to the Joint Venture through a combination of purchased and contributed fee and lease sites.
Alimentation Couche-Tard Inc. expected to Report Q2 2010 Results on November 23, 2009. This event was calculated by Capital IQ (Created on September 3, 2009).
Alimentation Couche-Tard Inc. said that the company is looking to expand further through acquisitions. Chief Executive Officer of Alimentation Couche-Tard, Alain Bouchard said: “Couche-Tard believes it can further expand through acquisitions over the coming months, mainly in the United States.” “Unlike last year, however, the company wouldn't disclose the number of stores it expects to purchase, which doesn't mean its ambitions aren't as big. In the United States, I see at least seven or eight acquisitions of 1,000 stores and several interest me,” he said. The company is looking to double its size in the coming years.
ANCUF Competitors
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Industry Analysis
| Valuation | ANCUF | Industry Range |
| Price/Earnings | 12.2x |
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| Price/Sales | 0.2x |
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| Price/Book | 2.5x |
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| Price/Cash Flow | 5.0x |
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| TEV/Sales | 0.1x |
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ANCUF |
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ANCUF transactions
| Type Date |
Target |
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Buyback
August 4, 2009 |
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