Alimentation Couche-Tard And Circle K - Invest In One Of The Best Retailers In The World

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About: Alimentation Couche-Tard Inc. (ANCTF), ANCUF, Includes: CASY, CGC, CTXAY, FFLWF, MPC, MUSA, SVNDF, SVNDY
by: Brian Langis
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Brian Langis
Value, contrarian, growth at reasonable price, special situations
Summary

ATD is an excellent retail operator. ATD has demonstrated a record of consistency and profitability few businesses can match.

M&A is the bread and butter of ATD. They are pros at buying, integrating, extracting synergies and operating.

ATD’s best opportunities have come after a difficult period.

Excellent balance sheet. Low leverage. Great cash flow.

ATD’s culture contributes to its success.

Note: Alimentation Couche-Tard use US$ as their reporting currency unless mentioned otherwise. USD-CAD 1.35, Price of 1 USD in CAD.

Alimentation Couche-Tard (TSX: ATD.A, ATD.B, OTCPK: ANCUF) is primarily traded on the