Investment Thesis
Alimentation Couche-Tard (ANCUF) (ANCTF) (TSX:ATD.B) delivered solid Q3 F2019 earnings with strong top and bottom lines growth. The company's outlook in 2019 remains favorable as it continues its expansion of consumer items in its C-stores, execute its rebranding strategy, and extract synergies from its acquisitions. Its shares are currently trading at a discount to its peers. We believe investors with a long-term investment horizon will be rewarded.
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Q3 F2019 Highlights
Couche-Tard reported strong growth in its Q3 F2019 earnings. The company saw its revenue grow by