Couche-Tard reveals new strategy after ending bid to buy 7-Eleven parent last year

A Couche Tard convenience store is shown in Montreal, Friday, Oct. 5, 2012. THE CANADIAN PRESS/Graham Hughes.

LAVAL — Alimentation Couche-Tard Inc. unveiled a new corporate strategy on Wednesday, focused on strengthening its core platforms and pursuing targeted investment opportunities.

The update comes after the Laval, Que.-based company pulled its proposal to buy the parent company of rival 7-Eleven in July of last year after courting Seven & i Holdings Co. Ltd. for nearly a year.

Couche-Tard said its long-term outlook for the end of the 2026 fiscal year to the 2030 fiscal year, included a compound annual growth rate for merchandise and service revenues of four to five per cent.

It is also expecting to have a compound annual growth rate for adjusted profit of six to eight per cent over that period.

The Circle K owner also says it is expecting free cash flow for fiscal 2026 to exceed US$2.5 billion.

Couche-Tard CEO Alex Miller says the strategy will entail using the power of its scale and network while leveraging technology.

This report by The Canadian Press was first published Feb. 11, 2026.