The Laval, Que.-based company, which maintains its books in U.S. dollars, said its total revenue was $19.5 billion, up $16.27 billion from a 12 months earlier. The company says higher average fuel sales prices helped boost revenue throughout the period.
Total goods and services revenue was $4.5 billion, up 7.7 percent from $4.19 billion, Couche-Tard said.
Couche-Tard CEO Alex Miller says the corporate’s strategy, unveiled in February, is driving strong momentum across its U.S. business.
BlackBerry reports increased profits and sales in the primary quarter and increases its sales forecast for the complete 12 months
BlackBerry Ltd. (TSX:BB)
Numbers for the primary quarter:
- Benefit: $8.5 million (up from $1.9 million a 12 months ago)
- Revenue: $152.9 million (versus $121.7 million a 12 months ago)
BlackBerry Ltd. reported a first-quarter profit of $8.5 million, up from $1.9 million within the year-ago quarter, as revenue rose 26%.
The software company, which keeps its books in U.S. dollars, also raised its full-year revenue forecast to $594 million to $621 million, up from a previous forecast of $584 million to $611 million. BlackBerry shares rose 16%, or C$2.05, to C$14.31 in trading on the Toronto Stock Exchange.
Quarterly revenue was $152.9 million, up from $121.7 million within the year-ago quarter.
The company’s profit was one cent per share within the three months ended May 31, compared with zero cents per share a 12 months earlier.
On an adjusted basis, BlackBerry said it earned 4 cents per share in its most up-to-date quarter, compared with adjusted earnings of two cents per share a 12 months ago.
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Metro says the continuing strike in Laval, Que., will hurt third-quarter earnings
Metro Inc. said the continuing strike at its fresh produce distribution center in Laval, Que., weighed on third-quarter sales. The grocer said its third-quarter adjusted earnings per share are estimated at $1.22 to $1.27, compared with $1.52 within the year-ago quarter.
The grocer said its same-store grocery sales fell 1.5% in the primary 14 weeks of its 16-week third quarter in comparison with the corresponding weeks last 12 months.
The company has incurred additional costs in its contingency plan to maintain fresh products on store shelves because the strike drags on. The company will report its third-quarter results on August 12.
Metro says the union rejected its most up-to-date offer, made earlier this month. The union got here back today with a counteroffer that the grocery store said it couldn’t conform to.
Metro’s Laval distribution center employs 550 union staff and supplies fresh produce to roughly 300 stores in Quebec.
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