Circle K Owner’s Fuel Profits Surge Despite Soft Demand in US, Europe (opens original article in a new tab)

Alimentation Couche-Tard Inc. saw significant fuel margin gains and revenue growth despite reduced fuel demand in the US and Europe, with strong stock performance.

• Alimentation Couche-Tard Inc. reported a 20% revenue increase to $19.5 billion in Q4 2023
• Fuel margins rose despite decreased fuel volumes in US and Europe due to higher prices
• Company's stock price increased 10% year-to-date with a market cap over C$75 billion
• Rival Casey’s General Stores saw over 20% stock surge after similar earnings report