Alimentation Couche-Tard Inc. is a leading convenience store operator in Canada, with Couche-Tard stores in Quebec and Macs stores in central and western Canada. It also operates Circle K shops in the United States.

CONSOLIDATED STATEMENTS OF EARNINGS
For the years ended April 28, 2019, April 29, 2018, and April 30, 2017
(in millions of U.S. dollars, except per-share amounts)
		2019				2018				2017
Revenues	$	26,000.0			$	25,590.0			$	22,310.0
Cost of sales		22,016.8				21,917.8				18,637.8
Gross profit		3,983.2				3,672.2				3,672.2
Operating, selling, administrative, and general expenses		3,042.0				2,891.7				2,786.5
Restructuring costs		18.1				66.4				17.6
(Gain) loss on disposal of property and equipment and other assets		(3.3	)			(19.6	)			9.8
Depreciation, amortization, and impairment of property and equipment, intangible assets and other assets		299.0				284.0				245.4
Total operating expenses		3,355.8				3,222.5				3,059.3
Operating income		627.4				449.7				612.9
Share of earnings of joint ventures and associated companies accounted for using the equity method		13.0				48.7				13.9
Net financial expenses		101.9				111.9				51.4
Earnings before income taxes		538.5				386.5				575.4
Income taxes		200.2				122.8				71.8
Net earnings	$	338.3			$	263.7			$	503.6