ANCUF - Alimentation Couche-Tard Non-GAAP EPS of $0.55 revenue of $16.43B beats by $1.08B

Alimentation Couche-Tard press release (OTCPK:ANCUF): FQ4 Non-GAAP EPS of $0.55. Revenue of $16.43B (+34.2% Y/Y) beats by $1.08B. Same-store road transportation fuel volumes decreased by 1.7% in the United States, increased by 3.7% in Europe and other regions, and increased by 4.3% in Canada. Merchandise and service gross margin increased by 1.3% in the United States to 33.1%, by 0.2% in Europe and other regions to 38.3%, and by 1.4% in Canada to 32.4%. Gross margin in the U.S. and Canada was favorably impacted by prior year inventory adjustments of $26.4 million and $3.2 million, respectively, as well as by pricing initiatives.

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Alimentation Couche-Tard Non-GAAP EPS of $0.55, revenue of $16.43B beats by $1.08B