Key Facts

• Alimentation Couche-Tard Inc.'s fuel margins saw big gains following the war in the Middle East, which caused prices to spike.
• The company, owner of Circle K, easily beat analysts' estimates for sales and earnings despite the drop in demand in the US and Europe.
• The surge in fuel profits was a result of the increased prices caused by the war in the Middle East.
• The company's strong performance in fuel margins offset the decline in demand in the US and European markets.
• Alimentation Couche-Tard Inc. operates a chain of gas stations and convenience stores, including the Circle K brand.