Market News
24Nov2006 |
Couche-Tard Posts 35% Profit JumpHigher margins on gasoline sales as well as the expansion of its U.S. network helped Alimentation Couche-Tard's second-quarter profit jump 35% to US$74.7 million. Quebec-based Couche-Tard—North America's third-largest convenience store operator—said revenue during the Q2 period ending October 15, climbed 15.4% to US$2.76 billion, compared to US$2.39 billion a year ago. During the second-quarter Couche-Tard added 157 c-stores to its network, while shuttering 67. Source: Canadian Grocer E-Newsletter, November 24, 2006. 
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