September 5, 2012 / 4:10 PM / 5 years ago

Couche-Tard profit falls on acquisition costs

Sept 5 (Reuters) - Canadian convenience store operator Alimentation Couche-Tard Inc reported a lower quarterly profit on Wednesday because of one-time costs associated with its recent acquisition of Norway's Statoil Fuel & Retail.

Net earnings for the first quarter fell to $102.9 million, or 57 cents a share, from $139.5 million, or 75 cents, a year earlier. Revenue rose 16.3 percent to $6.02 billion.

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below