Alimentation Couche-Tard earns US$645 million in third quarter as revenues rise

Alimentation Couche-Tard Inc. says it earned US$645 million in its third quarter. 

That's up 3.3% from US$624.4 million during the same quarter a year earlier. 

For the quarter ended Feb. 2, revenues were US$20.9 billion, up 6.5% from US$19.6 billion. 

The company said the higher revenues were mainly due to the contribution from acquisitions and higher revenue in the wholesale fuel business.

President and CEO Alex Miller said consumers are still spending cautiously, but the company is seeing encouraging signs of resilience. 

Earnings per diluted share were 68 cents US, up from 65 cents US a year earlier.