Couche-Tard Surges After Earnings Beat as CEO Signals Deal Hunt

Shares of convenience store operator Alimentation Couche-Tard Inc. jumped after the company reported growth in earnings and its top executive said it’s looking at a number of acquisition targets.

“We are active with files in all three of our large geographies in Canada, in Europe and in the United States,” Chief Executive Officer Alex Miller said Tuesday in response to a question about potential transactions. “We’re engaged, and we continue to see quite a bit of deal flow.”