Latest news with #FilipeDaSilva
Cision Canada
6 days ago
- Business
- Cision Canada
ALIMENTATION COUCHE-TARD TO RELEASE RESULTS FOR ITS FOURTH QUARTER AND FISCAL YEAR 2025 ON JUNE 25, 2025 Français
LAVAL, QC, May 28, 2025 /CNW/ - Alimentation Couche-Tard Inc. ("Couche-Tard" or the "Corporation") (TSX: ATD) will release its financial results for its fourth quarter and fiscal year 2025 on Wednesday, June 25, 2025, after the close of the TSX. A conference call to discuss these results will be held on Thursday, June 26, 2025, at 8:00 A.M. (EDT), featuring Alex Miller, President and Chief Executive Officer and Filipe Da Silva, Chief Financial Officer, who will answer live questions from analysts. Financial analysts, investors, media, and other interested parties are invited to join the webcast on June 26 at 8:00 A.M. (EDT). A presentation will include slides detailing the quarterly and fiscal year results. The webcast can be accessed via the " Investors/Events & presentations" section on the Corporation's website or directly via this link to join the call without operator assistance. To join the conference call by phone, please dial 1-289-819-1299 or 1-800-990-4777 (International). Rebroadcast: A recording of the webcast will be available on the Corporation's website for 90 days. About Alimentation Couche-Tard Inc. Couche-Tard is a global leader in convenience and mobility, operating in 29 countries and territories, with close to 17,000 stores, of which approximately 13,000 offer road transportation fuel. With its well-known Couche-Tard and Circle K banners, it is one of the largest independent convenience store operators in the United States and it is a leader in the convenience store industry and road transportation fuel retail in Canada, Scandinavia, the Baltics, Belgium, as well as in Ireland. It also has an important presence in Luxembourg, Germany, the Netherlands, Poland, as well as in Hong Kong Special Administrative Region of the People's Republic of China. Approximately 149,000 people are employed throughout its network. For more information on Alimentation Couche-Tard Inc., or to consult its audited annual Consolidated Financial Statements, unaudited interim condensed consolidated financial statements and Management Discussion and Analysis, please visit: SOURCE Alimentation Couche-Tard Inc.
Yahoo
6 days ago
- Business
- Yahoo
ALIMENTATION COUCHE-TARD TO RELEASE RESULTS FOR ITS FOURTH QUARTER AND FISCAL YEAR 2025 ON JUNE 25, 2025
LAVAL, QC, May 28, 2025 /PRNewswire/ - Alimentation Couche-Tard Inc. ("Couche-Tard" or the "Corporation") (TSX: ATD) will release its financial results for its fourth quarter and fiscal year 2025 on Wednesday, June 25, 2025, after the close of the TSX. A conference call to discuss these results will be held on Thursday, June 26, 2025, at 8:00 A.M. (EDT), featuring Alex Miller, President and Chief Executive Officer and Filipe Da Silva, Chief Financial Officer, who will answer live questions from analysts. Financial analysts, investors, media, and other interested parties are invited to join the webcast on June 26 at 8:00 A.M. (EDT). A presentation will include slides detailing the quarterly and fiscal year results. The webcast can be accessed via the " Investors/Events & presentations " section on the Corporation's website or directly via this link to join the call without operator assistance. To join the conference call by phone, please dial 1-289-819-1299 or 1-800-990-4777 (International). Rebroadcast: A recording of the webcast will be available on the Corporation's website for 90 days. About Alimentation Couche-Tard Inc. Couche-Tard is a global leader in convenience and mobility, operating in 29 countries and territories, with close to 17,000 stores, of which approximately 13,000 offer road transportation fuel. With its well-known Couche-Tard and Circle K banners, it is one of the largest independent convenience store operators in the United States and it is a leader in the convenience store industry and road transportation fuel retail in Canada, Scandinavia, the Baltics, Belgium, as well as in Ireland. It also has an important presence in Luxembourg, Germany, the Netherlands, Poland, as well as in Hong Kong Special Administrative Region of the People's Republic of China. Approximately 149,000 people are employed throughout its network. For more information on Alimentation Couche-Tard Inc., or to consult its audited annual Consolidated Financial Statements, unaudited interim condensed consolidated financial statements and Management Discussion and Analysis, please visit: View original content to download multimedia: SOURCE Alimentation Couche-Tard Inc. Sign in to access your portfolio
Japan Times
26-03-2025
- Business
- Japan Times
Couche-Tard sees strong interest in U.S. stores for Seven & I deal
Private equity firms are showing strong interest in buying about 2,000 North American convenience stores that could be divested if Alimentation Couche-Tard succeeds in its ¥7.39 trillion ($49 billion) endeavor to buy out Seven & I Holdings, the chief financial officer of the Canadian company said. "We are putting in front of these private equity funds a network of 2,000 stores with a national presence, very strong footprint in some of the states,' Filipe Da Silva said in an interview, adding that it would be the fifth- or sixth-largest operator in the U.S. "The level of interest is really high.' After being rebuffed for more than half a year, Couche-Tard, the parent company of the Circle K brand, agreed with Seven & I to seek a buyer for overlapping retail outlets as a prerequisite for takeover talks. The process is aimed at making sure that any deal won't fall apart because of U.S. antitrust concerns. Potential buyers for a package of 7-Eleven and other convenience stores have until the end of March to express their interest, Da Silva said, confirming an earlier report on the deadline. Seven & I has more than 13,000 locations in the U.S. and Canada under a variety of brands, including franchises and stores operated under license. Couche-Tard has about 9,200 in those two countries. Couche-Tard has also put a termination fee on the table, Da Silva said, adding that it was high enough to show the company would proceed with talks. The fee would be a "painful' amount for the Laval, Quebec-based company to pay if any agreed deal falls through. "It's a number that shows clearly the commitment of Couche-Tard to take further action if it's required to make this happen,' the CFO said. Seven & I, for its part, is seeking to remain independent and focus more on its core convenience-stores business by boosting shareholder value through a series of measures, including the sale of an underperforming retail business, a ¥2 trillion share buyback and a new chief executive. Earlier this week, the Japanese retailer said Couche-Tard is "understating the risk' of a deal being blocked by the U.S. Federal Trade Commission. "Resolving antitrust matters is not nearly as simple as selling a few stores — the divestiture package required for this transaction to even have a chance would be unprecedented in size, complexity, and scale,' Seven & I said in a statement Tuesday. While De Silva acknowledged that Couche-Tard is offering to sell stores it currently doesn't even own, he said the company is committed to making sure that they would be sustainable and competitive under a different owner. Couche-Tard would offer support for any new owner in the first years of operations, he added. Potential buyers would most likely be private equity investors because other U.S. convenience-store operators would still run into antitrust scrutiny, the CFO said. Once a potential acquirer is identified, the next step would be to get "fulsome engagement' with Seven & I and speak with the board's special committee reviewing Couche-Tard's proposal. With access to financial information to better assess potential synergies, there may be room to enhance Couche-Tard's offer, Da Silva said, reiterating a point made by founder Alain Bouchard two weeks ago in Tokyo, when he and other executives held a news conference to make their case for the deal. Couche-Tard's takeover proposal has been weighing on its stock price since it became public in August, with the shares down more than 17% from last year's high of around 85 Canadian dollars ($60). Seven & I's shares remain around 22% below Couche-Tard's proposed buyout price, reflecting investor uncertainty over the deal and the company's turnaround plan. Da Silva said there wouldn't be much dilution if a deal with Seven & I were to succeed because it would be largely financed with debt. While Couche-Tard's credit rating, which is currently BBB+ with S&P Global Ratings, might be temporarily downgraded, it would go back up within two to three years, he added. "On earnings per share, it's highly accretive from day one' because of synergies and geographic diversification, the Da Silva said. "Financially speaking, we are not putting the company at risk.'
Bloomberg
26-03-2025
- Business
- Bloomberg
Couche-Tard Sees Strong Interest in US Stores for Seven & I Deal
Private equity firms are showing strong interest in buying about 2,000 North American convenience stores that could be divested if Alimentation Couche-Tard Inc. succeeds in its ¥7.39 trillion ($49 billion) endeavor to buy out Seven & i Holdings Co., the chief financial officer of the Canadian company said. 'We are putting in front of these private equity funds a network of 2,000 stores with a national presence, very strong footprint in some of the states,' Filipe Da Silva said in an interview, adding that it would be the fifth- or sixth-largest operator in the US. 'The level of interest is really high.'
