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Company News

Alimentation Couche-Tard quarterly profit falls 25%

July 9 (Reuters) - Alimentation Couche-Tard Inc reported a 25% fall in quarterly profit on Tuesday, as the convenience store operator was hit by lower fuel sales and higher expenses.

Net income attributable to the company fell to $293.1 million, or 52 cents per share, in the fourth quarter ended April 28, from $391 million, or 69 cents per share, a year earlier. (Reporting by Shanti S Nair in Bengaluru; Editing by Shounak Dasgupta)

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