2024-04-05 00:36:02 ET
Summary
- Alimentation Couche-Tard's weak performance is due to macro reasons, which are expected to be temporary as the macro backdrop recovers.
- The company reported underperformance in same-store sales and margins for merchandise and fuel, causing the share price to fall.
- The acquisition of TotalEnergies is seen as a positive move that will help ATD expand its presence in Europe and drive further growth.
Investment action
Read the full article on Seeking Alpha
For further details see:
Alimentation Couche-Tard: Waiting For A Better Entry Point