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Casey General Stores : Canada s Couche-Tard beats estimates as fuel sales bounce back

Message : Required fields June 29 (Reuters) - Canada s Alimentation Couche-Tard Inc breezed past estimates for quarterly profit and revenue on Tuesday, helped by strong sales at the convenience store chain s fuel supply outlets following speedy vaccination drives and easing coronavirus curbs. Revenue from its fuel business, which includes about 10,800 outlets across the United States, Europe and other countries, jumped 32% to $8.35 billion in the fourth quarter after falling by more than a third in the first three quarters. We had a steady improvement in parts of the network, especially in the United States, where we are starting to see a return to more normal driving behavior, Chief Executive Officer

Poitou charentesUnited statesPraveen paramasivamBrian hannaschTard incStores incAlimentation couche tard incExecutive officer brian hannaschGeneral stores incஒன்றுபட்டது மாநிலங்களில்ப்ரவீன் பரமசிவம்பிரையன் ஹன்னாஸ்ச்தார்த் இன்க்கடைகள் இன்க்அலிமெண்டஷன் படுக்கை தார்த் இன்க்நிர்வாகி அதிகாரி பிரையன் ஹன்னாஸ்ச்

Fuel demand slump drags down Couche-Tard s revenue

By Reuters Staff 2 Min Read FILE PHOTO: A Couche-Tard convenience store is seen in Montreal, Quebec, Canada January 13, 2021. REUTERS/Christinne Muschi/File Photo (Reuters) - Canadian convenience store operator Alimentation Couche-Tard Inc fell short of third-quarter revenue estimates, as people staying at home led to a steep decline in demand for fuel that overshadowed gains from selling more wine and snacks. Fuel sales across the globe have been pressured as people, largely working and shopping from home, avoid venturing out due to fears of catching the novel coronavirus, with overall store traffic also being stressed due to renewed restrictions. “Fuel volume results were highly variable with areas of renewed lockdowns showing very soft demand, while other areas strengthened,” Chief Executive Officer Brian Hannasch said on Wednesday.

United statesShinjini ganguliPraveen paramasivamBrian hannaschThomson reuters trust principlesTard incAlimentation couche tard incExecutive officer brian hannaschThomson reuters trustCompany newsCorona virusNorth americaRetail drugs with grocery trbc level 5Performance results earningsResults forecasts warningsRetailers legacy

Carrefour suitor has few regrets about a good deal that failed

Carrefour suitor has few regrets about a good deal that failed
businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.

Poitou charentesUnited statesBruno le maireAlain bouchardAlexandre bompardBrian hannaschTard incAlimentation couche tardExecutive officer brian hannaschExecutive chairman alain bouchardNorth americaChief executive officer alexandreWestern europeSouth americaM amp aஒன்றுபட்டது மாநிலங்களில்

Couche-Tard to pursue other deals after Carrefour failure

Couche-Tard to pursue other deals after Carrefour failure
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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