Caseys General Stores IncCASY
▲ PositiveCapitalDemandrelevance
Q1 EPS rose 28% to $7.37 with net income up 27% to $274 million, a strong earnings result.
Impact on stocks 1
Consumer Staples
Caseys General Stores IncCasey's General Stores reported first-quarter fiscal 2027 earnings with diluted EPS rising 28% to $7.37 and net income up 27% to $274 million. Total revenue increased 24.3% to $5.68 billion, driven by a 33% jump in average retail fuel prices to $3.99 per gallon, while inside sales grew 5.6% to $1.78 billion. Prepared food and dispensed beverage sales rose 7.4% to $493 million, and same-store inside sales climbed 3.2%. Fuel margin was strong at $0.478 per gallon, though same-store gallons dipped 0.3% due to CEFCO store remodels, which caused a 25 basis point headwind to inside same-store sales and a 50 basis point headwind to fuel gallons. The company maintained its quarterly dividend at $0.65 per share and repurchased about $46 million in shares during the quarter.
Caseys General Stores IncQ1 EPS rose 28% to $7.37 with net income up 27% to $274 million, a strong earnings result.