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Company News

Alimentation Couche-Tard profit rises 27 pct

March 19 (Reuters) - Convenience store operator Alimentation Couche-Tard Inc posted a near 27 percent rise in quarterly profit on Tuesday as it benefited from higher fuel sales.

Net income attributable to shareholders rose to $612.1 million, or $1.08 per share, in the third quarter, from $482.4 million, or 85 cents per share, a year earlier.

Total revenue rose to $16.52 billion from $15.79 billion. (Reporting by John Benny in Bengaluru; Editing by Shailesh Kuber)

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