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9 Mar 2010

Couche-Tard's third quarter results, covering the 16 weeks to February 1, 2010, reveal that total sales increased by 26.2% year-on-year to $4.9bn.  This strong growth is mainly due to increased fuel prices in the quarter, the positive impact from a strong Canadian dollar and growth in same-store merchandise revenues, which increased by 3.0% in the US and by 4.9% in Canada. Commenting on the results, Couche-Tard's President & Chief Executive Officer, said:

"Overall, third quarter’s results are satisfying considering the motor fuel gross margin recorded in our US markets. Despite a drop in US motor fuel margins compared to the same period last fiscal year, we considerably improved our performance."



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