Couche-Tard profit rises on acquisitions

Tue Nov 27, 2012 11:39am EST
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Nov 27 (Reuters) - Alimentation Couche-Tard Inc, a Canadian convenience store operator, said on Tuesday its quarterly profit rose, helped in part by recent acquisitions and stronger merchandise sales.

The Laval, Quebec-based company's banners include Mac's and Circle K, and most of its locations sell motor fuel.

For the second quarter ended Oct. 14, earnings rose to $175.2 million, or 94 cents a share, from $113.5 million, or 61 cents, a year earlier. Revenue jumped 81 percent to $9.32 billion.