Advertisement
Canada markets open in 9 hours 13 minutes

  • S&P/TSX

    21,885.38
    +11.66 (+0.05%)
     

  • S&P 500

    5,048.42
    -23.21 (-0.46%)
     

  • DOW

    38,085.80
    -375.12 (-0.98%)
     

  • CAD/USD

    0.7323
    +0.0000 (+0.00%)
     

  • CRUDE OIL

    83.85
    +0.28 (+0.34%)
     

  • Bitcoin CAD

    87,764.90
    +258.15 (+0.30%)
     

  • CMC Crypto 200

    1,389.15
    +6.58 (+0.48%)
     

  • GOLD FUTURES

    2,346.50
    +4.00 (+0.17%)
     

  • RUSSELL 2000

    1,981.12
    -14.31 (-0.72%)
     

  • 10-Yr Bond

    4.7060
    +0.0540 (+1.16%)
     

  • NASDAQ futures

    17,769.50
    +202.00 (+1.15%)
     

  • VOLATILITY

    15.37
    -0.60 (-3.76%)
     

  • FTSE

    8,078.86
    +38.48 (+0.48%)
     

  • NIKKEI 225

    37,887.36
    +258.88 (+0.69%)
     

  • CAD/EUR

    0.6827
    +0.0006 (+0.09%)
     

Couche-Tard profit jumps as U.S. fuel margins improve

Reuters
Pedestrians walk past a Couche-Tard convenience store in Montreal, April 18, 2012. REUTERS/Christinne Muschi (Reuters)

(Reuters) - Canadian convenience store and gasoline station operator Alimentation Couche-Tard Inc reported a 25 percent rise in quarterly profit, driven by higher fuel margins in the United States. The company's net income rose to $286.4 million, or 50 cents per share, in the second quarter ended Oct. 12, from $229.8 million, or 40 cents per share, a year earlier. Couche-Tard, whose outlets include Mac's and Circle K, also operates in Europe. (Reporting By Tanvi Mehta in Bangalore; Editing by Sriraj Kalluvila)