Couche\u002DTard posted lower earnings in its fiscal first quarter due in part to depressed fuel prices and acquisition costs. Read on.
Photo by Graham Hughes/The Canadian Pressposted lower earnings in its fiscal first quarter due in part to depressed fuel prices and acquisition costs, yet the company still surpassed analyst expectations.
The Laval, Que.-based convenience and gas station operator reported net earnings of US$834.1 million for the period ended July 23, down from US$872.4 million a year earlier .THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYExclusive articles by Kevin Carmichael, Victoria Wells, Jake Edmiston, Gabriel Friedman and others.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
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