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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (160618)8/25/2023 9:37:47 AM
From: Goose94Read Replies (1) | Respond to of 202923
 
Alimentation Couche-Tard (ATD-T) new 52 week high, $71.29



To: Goose94 who wrote (160618)8/29/2023 3:04:14 PM
From: Goose94Read Replies (2) | Respond to of 202923
 
Alimentation Couche-Tard (ATD-T) top pick from Brian Madden on BNN.ca Market Call Tuesday August 29th @ 1200ET

Alimentation Couche-Tarde is the world’s second-largest convenience store operator with nearly 13,000 stores across Canada, the United States, Europe and Hong Kong. The company earns returns on equity of 25 per cent and has grown earnings per share at a 21 per cent compound rate over the last decade. The company uses procurement scale to price sharply on fuel, drawing traffic to its sites and then luring shoppers into attractive, modern, well-merchandised stores where merchandise gross margins are three to five times higher than its profit margin on gasoline. The company is a very capable acquirer with a demonstrated pattern of realizing significant synergies from acquired businesses, in this still highly fragmented industry and recently announced a deal to acquire 2,200 stores in Germany, Holland, Belgium and Luxembourg from TotalEnergies. Its growth algorithm increasingly emphasizes organic growth, with merchandising sophistication increasing and digital marketing and loyalty programs gaining traction. This acceleration of organic growth should over time earn a higher valuation.

Latest purchase December 2022 at $61.85