Alimentation Couche-Tard Inc. says its net earnings attributable to shareholders came in at US$740.6 million during the second quarter, compared with US$708.8 million for the same period a year earlier. This amounted to 79 cents US per share in net earnings attributable to shareholders, rising from 75 cents US during the prior year quarter. The Laval, Que.-based company, which keeps its books in U.S. dollars, says its revenue amounted to US$17.9 billion during the period ended Oct. 12, up 2.6 per cent year-over-year from US$17.4 billion. Total merchandise and service revenues came in at US$4.7 billion during the second quarter, rising 6.6 per cent from the same period a year earlier. Couche-Tard CEO Alex Miller says the company reported same-store sales growth across all of its geographies for the second straight quarter. Filipe Da Silva, Couche-Tard’s chief financial officer, says in a press release that the company bought back nearly US$900 million of its shares during the quarter.
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