Circle K Owner’s Fuel Profits Surge Despite Soft Demand in US, Europe


In the US, Couche-Tard’s most important market, fuel gross margin was 52.44 cents a gallon, an increase of more than 9 cents from a year earlier. “This quarter highlighted the earnings power of the model in a volatile fuel environment, with outsized fuel margin capture more than offsetting softer fuel volumes,” Raymond James analyst Bobby Griffin said in a note. 



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