Alimentation Couche-Tard earnings drop as consumers watch spending

LAVAL, Que. — Alimentation Couche-Tard Inc. says its net earnings fell by almost a third in its fourth quarter as inflation-squeezed consumers watch their spending.

The company says the earnings decline was in part from lower gross margins on fuel, the quarter being a week shorter than last year, and expenses and deprectiaion related to investments and acquisitions.

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