Alimentation Couche-Tard Posts Higher Profit, Revenue
Alimentation Couche-Tard logged higher profit and revenue in its fiscal third quarter, boosted by higher same-store sales in some regions.
The results demonstrate general caution among consumers and come as the Canadian convenience-store chain remains in pursuit of a transformative acquisition of Seven & i, the Japanese owner of the 7-Eleven convenience store chain.
Couche-Tard on Tuesday posted a profit of $641.4 million for its quarter ended Feb. 2, compared with $623.4 million a year earlier. Per-share...
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