Caseys General Stores IncCASY
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Casey's Q1 EPS of $7.37 beat estimates by $0.55 and revenue rose 24.5% to $5.69B, above expectations.
Impact on stocks 1
Consumer Staples
Caseys General Stores IncCasey's General Stores reported first-quarter GAAP earnings of $7.37 per share, beating analyst estimates by $0.55, and revenue of $5.69 billion, up 24.5% year-over-year and $140 million above expectations. The company reaffirmed its fiscal 2027 outlook, expecting inside same-store sales to grow 2% to 5% with an inside margin above 42%, same-store fuel gallons sold to range from negative 1% to positive 1%, total operating expenses to increase approximately 5% to 7%, and EBITDA to rise 8% to 10%, implying a 35% increase on a two-year stack basis at the midpoint. Shares fell 2.99% following the announcement.
Caseys General Stores IncCasey's Q1 EPS of $7.37 beat estimates by $0.55 and revenue rose 24.5% to $5.69B, above expectations.