Positive Same-Store Sales in Canada and Europe
Same-store sales were positive in both Canada (2.8% increase) and Europe (0.2% increase) compared to the same quarter last year.
Successful M&A Activities
One-year anniversary of acquiring assets from TotalEnergies, nearly doubling size in Europe and generating expected synergies. Progress in acquiring Seven & I Holdings noted.
Strong Performance in Canadian Alcohol Sales
Following legal changes, close to 50% of beer sales in Canada come from Central Canada's business unit, with excellent performance in beer space.
Growth in Meal Deals and Loyalty Programs
Nearly 465,000 meal deals sold weekly in North America; U.S. Inner Circle loyalty program registrations up 13%, closing in on 10 million members.
Increased Employee Retention and Engagement
Significant improvement in store turnover and new hire retention, awarded Gallup Exceptional Workplace Award for the fourth consecutive year.
Strong Fuel Margins
Fuel margins increased across all regions, with margins in the U.S. at $44.28 per gallon, an increase of $1.09 per gallon.
Improved U.S. Merchandise Margin
Merchandise and service gross margin in the U.S. increased by 0.9% to 34%.
Adjusted EBITDA Growth
Adjusted EBITDA increased by 11.3% compared with the corresponding quarter of fiscal 2024.