Couche-Tard profit jumps as U.S. fuel margins improve
(Reuters) - Canadian convenience store and gasoline station operator Alimentation Couche-Tard Inc (ATDb.TO: Quote) 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)
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