Value was the name of the game for Alimentation Couche-Tard Inc. during its first quarter.
CEO Alex Miller says shoppers were constantly looking for value in his convenience stores and every other retailer they visited.
While he didn’t hypothesize about why value was such a priority at Couche-Tard, retailers have said shoppers are being more cautious with their spending because of the tariff tensions and rising prices.
In an effort to keep customers satisfied as they contend with economic headwinds, Miller says Couche-Tard has been reducing some of its offerings, so it can offer more deals on remaining products.
For example, the company has significantly reduced how many freshly prepared food items it stocks but at the same time, doubled down on meal deals.
Miller’s remarks come a day after his company reported that its first quarter net earnings attributable to shareholders came in at US$782.5 million. That compared with US$790.8 million a year ago.
This report by The Canadian Press was first published Sept. 3, 2025.
Companies in this story: (TSX:ATD)
