Couche-Tard Jumps as Fuel Margins Drive Earnings Beat
Couche-Tard shares soared 11.5% to a 52-week high after fourth-quarter profit crushed forecasts, fueled by record U.S. gasoline margins that far outpaced rivals, even as broader Canadian markets fell; adjusted earnings surged 51.2% to $667 million, with analysts crediting strong fuel economics for the earnings beat.