Couche-Tard reports solid but slowing sales momentum in U.S. market as it pushes ahead with takeover of Poland’s Zabka Group

Alimentation Couche-Tard (ATD-T) reported a 1.7% year-over-year increase in U.S. same-store merchandise sales for Q1 2027, though growth slowed. Net profit rose to $828.5M ($0.90 per share) on $21.7B revenue. The company is pursuing an $8.7B takeover of Poland's Zabka Group, pending regulatory approval. Management expects 10%+ annual EPS growth through 2030.

Alimentation Couche-Tard, owner of Couche-Tard and Circle K, announced a voluntary tender offer to buy a controlling stake in Poland’s Zabka Group. Couche-Tard offered 32 zloty per share, valuing the deal at over $12 billion (about $11.90 Cdn). It expects about $250 million US in cost savings within three years; closing is expected by December, subject to regulators.

Alimentation Couche-Tard Inc. ATD-T is making a US$8.7-billion takeover play for Polish convenience retailer Zabka Group SA, building out a widening footprint in Europe with its biggest acquisition to date. The Laval, Que.-based company, which owns the Circle K chain, said Friday it will launch a voluntary tender offer for Zabka at a price of 32 Polish zloty or about US$8.48 per share. That’s a premium of about 9.4 per cent to its previous closing price.

Alimentation Couche-Tard Inc. (Couche-Tard), a global leader in convenience and mobility, today announced that it plans to acquire all of the issued and outstanding shares of Żabka Group (Żabka), Poland’s largest convenience retailer. Couche-Tard will initiate a voluntary tender offer through its wholly owned subsidiary, Circle K Polska, at a total equity value of around 8.6 billion USD.

Tesla considers sale of China business amid SpaceX merger speculation- WSJ Investing.com-- Circle K owner Alimentation Couche-Tard (TSX:ATD) said on Friday it would acquire Poland's Zabka Group (WA:ZAB) in a deal valued at about PLN 32.62 billion ($8.71 billion). The proposed deal would mark the largest acquisition in the Canadian convenience store operator's history and significantly expand its presence in Central and Eastern Europe.

Nikkei Asia reports Seven & i Holdings is in advanced talks to buy a stake of several tens of percent in Poland’s Zabka Group, purchasing from investment funds and existing shareholders. The deal is estimated at several hundred billion yen (hundreds of millions of dollars). Zabka has about 10,000 franchised outlets and 2025 revenue of 27.15bn zlotys. Seven & i also reported Q1 operating income of Y105bn and net income up 95.3% to Y60.6bn.