The Globe and Mail reports in its Friday, May 16, edition that Stifel analyst Martin Landry has reaffirmed his "buy" recommendation for Alimentation Couche-Tard. The Globe's David Leeder writes in the Eye On Equities column that Mr. Landry gave his share target a $2 trim to $82. Analysts on average target the shares at $82.37. Mr. Landry says in a note: "We are revising downward our Q4FY25 U.S. merchandise SSS growth assumption to a decline of 0.5 per cent year-over-year, down from our previous forecast of flat growth. This adjustment reflects continued softness in consumer spending, particularly among low-income households. Over the past six quarters, Couche-Tard has not recorded positive SSS growth in the U.S., as value-conscious consumers continue to trade down and reduce basket sizes. In its Q1/25 earnings call Murphy USA discussed static purchasing behavior across income cohorts. Similarly, 7-Eleven reported an average 0.8-per-cent year-over-year decline in U.S. merchandise SSS over the same period as Couche-Tard's Q4FY25. These trends are also consistent with recent earnings reports from companies operating in adjacent categories, such as major quick-service restaurants and energy drink manufacturers."