Akcie Casey’s General Stores po zveřejnění výsledků za 1. čtvrtletí v prodlouženém obchodování klesly o 9,69 %. Tržby 5,68 miliardy USD i EPS 7,37 USD překonaly odhady.
Caseys General Stores Inc (NASDAQ:CASY) shares are moving lower in extended trading Tuesday on the heels of the company’s first-quarter results.
Casey’s General Stores shares are retreating from recent levels. What’s behind CASY decline? Casey’s Q1 Highlights Q1 Revenue: $5.68 billion, versus estimates of $5.57 billion Q1 EPS: $7.37, versus estimates of $6.72 Inside same-store sales were up 3.2% year-over-year in the first quarter, down from 4.3% growth in the comparable quarter last year. Fuel same-store gallons sold were down 0.3% on a year-over-year basis.
“Guests are responding well to our compelling value proposition on our high-quality prepared food, especially in whole pies. On the fuel side, our team’s robust capabilities helped us navigate a volatile environment and produced strong results,” said Darren Rebelez, chairman, president and CEO of Casey’s.
Casey’s repurchased approximately $45.6 million of its common stock during the quarter. The company exited the period with approximately $1.4 billion in available liquidity, including approximately $524 million in cash and cash equivalents and approximately $857 million in available borrowing capacity on existing lines of credit.
Casey’s expects inside same-store sales to increase between 2% and 5% in fiscal 2027. The company expects same-store fuel gallons sold to be approximately flat, plus or minus 1%. Casey’s said it plans to open at least 120 stores in fiscal 2027 through a combination of M&A and new store construction.
CASY Shares Fall After HoursCASY Price Action: Casey’s shares were down 9.69% in after-hours, trading at $662.40 at the time of publication on Tuesday, according to Benzinga Pro.
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Casey’s General Stores, Inc. (NASDAQ:CASY) will release its first earnings report after the closing bell on Tuesday, Sept. 8.
Analysts expect the Ankeny, Iowa-based company to report quarterly earnings of $6.81 per share, up from $5.77 per share in the year-ago period. The consensus estimate for Casey’s quarterly revenue is $5.56 billion. It reported $4.57 billion last year, according to Benzinga Pro.
On June. 9, Caseys General Stores reported better-than-expected fourth-quarter financial results.
Casey’s shares rose 0.6% to close at $758.42 on Thursday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
UBS analyst Mark Carden maintained a Neutral rating and cut the price target from $945 to $925 on Aug. 27, 2026. This analyst has an accuracy rate of 68%. BMO Capital analyst Kelly Bania upgraded the stock from Market Perform to Outperform rating with a price target of $950 on June 29, 2026. This analyst has an accuracy rate of 67%. BNP Paribas analyst Steve McManus maintained an Outperform rating and raised the price target from $995 to $1,030 on June 25, 2026. This analyst has an accuracy rate of 71%. Goldman Sachs analyst Bonnie Herzog maintained a Neutral rating and boosted the price target from $695 to $795 on June 25, 2026. This analyst has an accuracy rate of 64%. RBC Capital analyst Irene Nattel maintained a Sector Perform rating and increased the price target from $794 to $850 on June 25, 2026. This analyst has an accuracy rate of 56%. Trending
Considering buying CASY stock? Here’s what analysts think:
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Bank of Nova Scotia ve 2. čtvrtletí získala novou pozici v Casey’s General Stores: 3 880 akcií za zhruba 3,084 milionu USD. Casey’s zároveň oznámila vyšší čtvrtletní dividendu ve výši 0,65 USD na akcii.
Bank of Nova Scotia bought a new position in Casey’s General Stores, Inc. (NASDAQ:CASY – Free Report) in the 2nd quarter, according to its most recent disclosure with the SEC. The firm bought 3,880 shares of the company’s stock, valued at approximately $3,084,000.
Other large investors have also recently modified their holdings of the company. Whipplewood Advisors LLC purchased a new stake in Casey’s General Stores in the first quarter worth $33,000. Bell Investment Advisors Inc purchased a new position in shares of Casey’s General Stores in the 2nd quarter worth about $33,000. Larson Financial Group LLC boosted its stake in Casey’s General Stores by 252.4% in the 4th quarter. Larson Financial Group LLC now owns 74 shares of the company’s stock worth $41,000 after purchasing an additional 53 shares in the last quarter. RMG Wealth Management LLC grew its position in Casey’s General Stores by 250.0% during the 1st quarter. RMG Wealth Management LLC now owns 56 shares of the company’s stock valued at $41,000 after purchasing an additional 40 shares during the last quarter. Finally, Elyxium Wealth LLC purchased a new stake in Casey’s General Stores during the 4th quarter valued at about $43,000. Institutional investors own 85.63% of the company’s stock.
Wall Street Analysts Forecast Growth A number of equities analysts recently weighed in on the stock. BMO Capital Markets upgraded shares of Casey’s General Stores from a “market perform” rating to an “outperform” rating and set a $950.00 price objective for the company in a report on Monday, June 29th. KeyCorp increased their target price on Casey’s General Stores from $950.00 to $970.00 and gave the company an “overweight” rating in a research note on Thursday, June 11th. Northcoast Research raised Casey’s General Stores from a “neutral” rating to a “buy” rating and set a $950.00 target price for the company in a report on Monday, July 13th. Morgan Stanley upgraded Casey’s General Stores to a “buy” rating in a research note on Wednesday, June 10th. Finally, BNP Paribas Exane lowered their price target on Casey’s General Stores from $1,032.00 to $995.00 and set an “outperform” rating on the stock in a report on Thursday, June 25th. Fourteen investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $944.20.
Read Our Latest Research Report on Casey’s General Stores Insider Buying and Selling at Casey’s General Stores In other Casey’s General Stores news, CFO Stephen P. Bramlage, Jr. sold 5,700 shares of Casey’s General Stores stock in a transaction that occurred on Wednesday, July 8th. The stock was sold at an average price of $838.16, for a total value of $4,777,512.00. Following the sale, the chief financial officer owned 29,677 shares of the company’s stock, valued at $24,874,074.32. The trade was a 16.11% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Allison M. Wing sold 530 shares of Casey’s General Stores stock in a transaction on Wednesday, July 8th. The stock was sold at an average price of $837.58, for a total transaction of $443,917.40. Following the completion of the transaction, the director directly owned 3,042 shares of the company’s stock, valued at $2,547,918.36. The trade was a 14.84% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 30,243 shares of company stock worth $24,421,877. Insiders own 0.67% of the company’s stock.
Casey’s General Stores Stock Down 3.4% Shares of CASY stock opened at $824.92 on Wednesday. The company has a current ratio of 1.01, a quick ratio of 0.60 and a debt-to-equity ratio of 0.59. Casey’s General Stores, Inc. has a 12 month low of $490.00 and a 12 month high of $927.85. The stock has a market cap of $30.53 billion, a P/E ratio of 43.05, a P/E/G ratio of 2.92 and a beta of 0.61. The company has a 50 day simple moving average of $836.11 and a two-hundred day simple moving average of $779.69.
Casey’s General Stores (NASDAQ:CASY – Get Free Report) last issued its quarterly earnings data on Tuesday, June 9th. The company reported $4.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.31 by $1.06. Casey’s General Stores had a net margin of 4.07% and a return on equity of 18.73%. The firm had revenue of $4.57 billion during the quarter, compared to the consensus estimate of $4.33 billion. During the same quarter in the previous year, the firm posted $2.63 EPS. The company’s revenue for the quarter was up 14.5% compared to the same quarter last year. On average, research analysts expect that Casey’s General Stores, Inc. will post 21.11 earnings per share for the current year.
Casey’s General Stores Increases Dividend The firm also recently declared a quarterly dividend, which was paid on Friday, August 14th. Shareholders of record on Saturday, August 1st were paid a $0.65 dividend. This represents a $2.60 annualized dividend and a yield of 0.3%. The ex-dividend date was Friday, July 31st. This is a positive change from Casey’s General Stores’s previous quarterly dividend of $0.57. Casey’s General Stores’s dividend payout ratio is currently 13.57%.
Casey’s General Stores Company Profile (Free Report)
Casey’s General Stores, Inc (NASDAQ: CASY) is a U.S.-based convenience store chain that operates retail fuel stations and food-focused convenience outlets. Founded in 1959 in Boone, Iowa, the company has grown from a single neighborhood store into a regional operator known for combining traditional convenience retailing—fuel, packaged goods and tobacco—with a larger emphasis on fresh and prepared foods.
The company’s stores typically offer gasoline and diesel alongside a range of grocery essentials, grab-and-go items and made-to-order foodservice.
Recommended Stories Five stocks we like better than Casey’s General Stores Pathward’s Credit Scare Tests Its Comeback Story Wiring the AI Boom: Rumble’s $13.7B Pivot StoneX: Too Far Too Fast? DICK’s Sporting Goods Faces Pain Now for a Bigger Prize Want to see what other hedge funds are holding CASY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Casey’s General Stores, Inc. (NASDAQ:CASY – Free Report).
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Casey’s ve 4. čtvrtletí fiskálního roku 2026 zvýšila tržby ve srovnatelných prodejnách o 5,5 % a marže uvnitř prodejen dosáhla 42,4 %. Společnost čeká ve fiskálním roce 2027 růst těchto tržeb o 2–5 %.
Key Takeaways Casey's posted 5.5% inside same-store sales growth, with inside margin reaching 42.4%.Prepared food and beverages drove momentum, with 6.6% same-store sales growth and a 59.5% margin.Casey's expects inside sales to rise 2-5% in fiscal 2027 while targeting at least 120 new stores. Casey’s General Stores, Inc. (CASY - Free Report) continues to benefit from solid momentum across its food and grocery categories, supporting the performance of its inside business. In the fourth quarter of fiscal 2026, inside same-store sales increased 5.5%, while inside margin reached 42.4%. The performance reflects continued strength across prepared food, dispensed beverages, grocery and general merchandise, highlighting the company’s differentiated in-store offering.
A key contributor to this momentum is the prepared food and dispensed beverage category. Same-store sales increased 6.6% in the quarter, with whole pizzas, appetizers and sides supporting performance. The category generated a 59.5% margin. Casey’s has continued to broaden its food platform through Thin Crust Pizza, limited-time pizza offerings, an expanded specialty pizza menu, a revamped hot sandwich lineup and new beverage platforms.
The expansion of chicken wings provides another avenue to strengthen the prepared food platform. Casey’s expanded its sauced wings program to nearly 850 stores by the end of fiscal 2026 and plans to extend the offering across the remainder of its store base over the next two fiscal years. Management views wings as an incremental food occasion, with customers who place standalone wings orders increasing their prepared food purchase frequency by 30%.
Grocery and general merchandise are supporting the inside business through favorable category mix. Fourth-quarter same-store sales increased 5.1%, while margin reached 35.7%. Energy drinks remained a strong area within nonalcoholic beverages, while the shift toward nicotine alternatives and Casey’s broader liquor assortment are expected to provide structural margin benefits.
Casey’s expects inside same-store sales to increase 2-5% in fiscal 2027, with inside margin above 42%. Management also expects EBITDA to increase 8-10% and plans to open at least 120 stores through a mix of acquisitions and new construction. Continued development of the prepared food platform and favorable grocery category mix should provide additional support for the company’s inside-store growth strategy.
Casey's Price Performance, Valuation & EstimatesShares of the company have surged 65.5% over the past year compared with the industry’s 65.9% growth.
Image Source: Zacks Investment Research
From a valuation standpoint, CASY is trading at a forward 12-month price-to-sales ratio of 1.49X, up from the industry average of 1.12X. It has a Value Score of B.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for Casey's fiscal 2027 earnings implies year-over-year growth of 10.2%, whereas the same for fiscal 2028 indicates an uptick of 11%. Estimates for fiscal 2027 and 2028 have been revised downward by 3 cents and 6 cents, respectively, in the past seven days.
Image Source: Zacks Investment Research
Casey's currently has a Zacks Rank #3 (Hold).
Key PicksWe have highlighted three better-ranked stocks in the retail space, namely Target Corporation (TGT - Free Report) , Macy's, Inc. (M - Free Report) and Dollar General Corporation (DG - Free Report) .
Target Corporation offers guests fashionable, differentiated merchandise and everyday essentials at discounted prices. It currently sports a Zacks Rank of 1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Target’s current fiscal-year earnings and sales suggests growth of 37.7% and 4.6%, respectively, from the year-ago actuals. TGT delivered a trailing four-quarter average earnings surprise of 10.5%.
Macy's sells a wide range of merchandise, including men’s, women’s and children’s apparel and accessories, cosmetics, home furnishings and other consumer goods. The company carries a Zacks Rank #2 (Buy) at present.
The Zacks Consensus Estimate for Macy's current fiscal-year earnings and sales suggests decline of 4.3% and growth of 0.1%, respectively, from the year-ago actuals. Macy's delivered a trailing four-quarter average earnings surprise of 211%.
Dollar General is one of the largest discount retailers in the United States. The company carries a Zacks Rank #2 at present.
The Zacks Consensus Estimate for Dollar General’s current fiscal-year earnings and sales indicates growth of 7.6% and 3.9%, respectively, from the year-ago actuals. DG delivered a trailing four-quarter average earnings surprise of 21%.
BlackRock ve 2. čtvrtletí koupil nový podíl v Casey’s General Stores: 3,472,484 akcií za zhruba 2,759,895,000 USD. Na konci čtvrtletí držel asi 9,38 % firmy.
BlackRock Inc. bought a new stake in Casey’s General Stores, Inc. (NASDAQ:CASY – Free Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 3,472,484 shares of the company’s stock, valued at approximately $2,759,895,000. BlackRock Inc. owned about 9.38% of Casey’s General Stores at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Whipplewood Advisors LLC acquired a new position in shares of Casey’s General Stores in the 1st quarter valued at about $33,000. Bell Investment Advisors Inc purchased a new position in Casey’s General Stores in the second quarter valued at approximately $33,000. Larson Financial Group LLC lifted its position in Casey’s General Stores by 252.4% during the fourth quarter. Larson Financial Group LLC now owns 74 shares of the company’s stock valued at $41,000 after buying an additional 53 shares in the last quarter. RMG Wealth Management LLC grew its stake in Casey’s General Stores by 250.0% during the first quarter. RMG Wealth Management LLC now owns 56 shares of the company’s stock worth $41,000 after buying an additional 40 shares during the period. Finally, Elyxium Wealth LLC acquired a new stake in shares of Casey’s General Stores in the fourth quarter worth $43,000. 85.63% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades Several equities analysts recently weighed in on CASY shares. Capital One Financial began coverage on shares of Casey’s General Stores in a report on Monday, June 22nd. They set an “equal weight” rating and a $896.00 target price on the stock. Weiss Ratings cut Casey’s General Stores from a “buy (b+)” rating to a “buy (b)” rating in a research note on Tuesday, July 21st. KeyCorp upped their target price on Casey’s General Stores from $950.00 to $970.00 and gave the stock an “overweight” rating in a research report on Thursday, June 11th. Stephens set a $975.00 target price on Casey’s General Stores and gave the stock an “overweight” rating in a research report on Friday, June 12th. Finally, Wall Street Zen upgraded Casey’s General Stores from a “hold” rating to a “buy” rating in a research note on Saturday, June 13th. Fourteen analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $944.20.
Check Out Our Latest Stock Report on Casey’s General Stores Insider Transactions at Casey’s General Stores In other Casey’s General Stores news, insider Katrina S. Lindsey sold 2,000 shares of the firm’s stock in a transaction on Monday, June 29th. The shares were sold at an average price of $800.00, for a total transaction of $1,600,000.00. Following the completion of the transaction, the insider directly owned 6,668 shares of the company’s stock, valued at $5,334,400. This trade represents a 23.07% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Darren M. Rebelez sold 19,000 shares of the business’s stock in a transaction dated Tuesday, July 7th. The stock was sold at an average price of $801.46, for a total transaction of $15,227,740.00. Following the completion of the sale, the chief executive officer directly owned 89,174 shares of the company’s stock, valued at $71,469,394.04. The trade was a 17.56% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 30,243 shares of company stock valued at $24,421,877 over the last ninety days. 0.67% of the stock is currently owned by corporate insiders.
Casey’s General Stores Stock Performance Shares of CASY stock opened at $836.15 on Thursday. Casey’s General Stores, Inc. has a 12 month low of $490.00 and a 12 month high of $927.85. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.01 and a quick ratio of 0.60. The firm has a market capitalization of $30.95 billion, a P/E ratio of 43.64, a P/E/G ratio of 2.56 and a beta of 0.61. The company’s fifty day moving average price is $840.22 and its two-hundred day moving average price is $773.90.
Casey’s General Stores (NASDAQ:CASY – Get Free Report) last announced its earnings results on Tuesday, June 9th. The company reported $4.37 earnings per share for the quarter, beating the consensus estimate of $3.31 by $1.06. The company had revenue of $4.57 billion during the quarter, compared to the consensus estimate of $4.33 billion. Casey’s General Stores had a return on equity of 18.73% and a net margin of 4.07%.The company’s revenue was up 14.5% on a year-over-year basis. During the same period last year, the firm earned $2.63 earnings per share. On average, research analysts anticipate that Casey’s General Stores, Inc. will post 21.14 earnings per share for the current fiscal year.
Casey’s General Stores Increases Dividend The business also recently declared a quarterly dividend, which was paid on Friday, August 14th. Investors of record on Saturday, August 1st were paid a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.3%. This is a boost from Casey’s General Stores’s previous quarterly dividend of $0.57. The ex-dividend date was Friday, July 31st. Casey’s General Stores’s payout ratio is presently 13.57%.
(Free Report)
Casey’s General Stores, Inc (NASDAQ: CASY) is a U.S.-based convenience store chain that operates retail fuel stations and food-focused convenience outlets. Founded in 1959 in Boone, Iowa, the company has grown from a single neighborhood store into a regional operator known for combining traditional convenience retailing—fuel, packaged goods and tobacco—with a larger emphasis on fresh and prepared foods.
The company’s stores typically offer gasoline and diesel alongside a range of grocery essentials, grab-and-go items and made-to-order foodservice.
Featured Articles Five stocks we like better than Casey’s General Stores Bloom Energy’s AI Surge Meets a Valuation Reality Check Target Is Winning Shoppers Back—Can the Rally Reach $180? IonQ’s Space Contract Points to a New Frontier for Quantum Investors Is Apple’s AI Strategy Smarter Than Skeptics Think? Want to see what other hedge funds are holding CASY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Casey’s General Stores, Inc. (NASDAQ:CASY – Free Report).
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Casey’s oznámila, že výsledky za 1. čtvrtletí 2027 zveřejní po uzavření trhu 8. září 2026. Následovat bude konferenční hovor a webcast 9. září v 7:30 ráno středoevropského času.
Casey’s General Stores, Inc. (“Casey’s” or the “Company”) (Nasdaq: CASY), one of the leading convenience store chains in the United States, will issue first quarter 2027 results after the market closes on September 8th, 2026. Casey’s will hold a conference call and webcast on Wednesday, September 9th at 7:30am central to review the results.
A live webcast of the event will be available on Casey’s website on the Investor Relations page at https://investor.caseys.com/events-presentations. For those unable to listen to the live broadcast, an audio replay will be available on Casey’s for twelve months.
About Casey’s General Stores
Casey’s is a Fortune 500 company (Nasdaq: CASY) operating nearly 3,000 convenience stores. Founded more than 50 years ago, the company has grown to become the third-largest convenience store retailer and the fifth-largest pizza chain in the United States. Casey’s provides freshly prepared foods, quality fuel and friendly service at its locations. Guests can enjoy pizza, donuts, other assorted bakery items, and a wide selection of beverages and snacks. Learn more and order online at www.caseys.com, or in the mobile app.
CASY-IR
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Casey’s za poslední měsíc ztratila asi 7,9 %, i když čtvrtletní zisk i tržby překonaly odhady a meziročně vzrostly. Firma zároveň zvýšila celoroční dividendu o 14 % na 65 centů na akcii.
It has been about a month since the last earnings report for Casey's General Stores (CASY - Free Report) . Shares have lost about 7.9% in that time frame, underperforming the S&P 500.
Will the recent negative trend continue leading up to its next earnings release, or is Casey's due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the latest earnings report in order to get a better handle on the important drivers.
CASY Q4 Earnings Beat on Inside Sales & Fuel Margin StrengthCasey's reported fourth-quarter fiscal 2026 results, with both the top and bottom lines beating the Zacks Consensus Estimate and increased year over year.
The company posted quarterly earnings of $4.37 per share, beating the consensus mark of $3.36 by 30.1%. Earnings rose 66.2% from $2.63 in the prior-year quarter. Revenues of $4.57 billion surpassed the consensus estimate of $4.40 billion by 4% and advanced 14.5% year over year. Inside same-store sales rose year over year, while fuel margins expanded sharply.
CASY’s Quarterly Performance: Key DetailsCasey’s delivered net income of $162.7 million in the fourth quarter, up 65.5% from $98.3 million in the year-ago period. EBITDA increased 33.2% year over year to $350.3 million, driven by higher inside and fuel gross profit.
The company benefited from strength inside the store and at the pump. Total inside sales rose 7.4% from the prior year to $1.52 billion, while total inside gross profit increased 10.5% to $643.4 million.
Casey’s Inside Sales Show Broad MomentumInside same-store sales increased 5.5% compared with 1.7% growth in the prior-year quarter. On a two-year stack basis, inside same-store sales increased 7.4%.
The upside was led by strong demand for whole pizzas, appetizers and sides in the prepared food and dispensed beverage category. Non-alcoholic beverages supported growth in grocery and general merchandise.
CASY’s Margin Profile StrengthensInside margin expanded to 42.4% from 41.2% in the year-ago quarter. Cost of goods management, improved waste and mix shift were the primary drivers of the 120-basis-point margin expansion.
Prepared food and dispensed beverage margin improved to 59.5% from 57.8%. Grocery and general merchandise margin increased to 35.7% from 34.8%, aided by favorable category mix and cost discipline.
Casey’s Segmental Sales TrendsPrepared food and dispensed beverage sales increased 9.2% year over year to $427.6 million. Same-store sales for the category advanced 6.6%, supported by whole pizzas, appetizers and sides.
Grocery and general merchandise sales rose 6.7% to $1.09 billion. Same-store sales in the category increased 5.1%, with notable strength in non-alcoholic beverages, particularly energy drinks.
CASY’s Fuel Business Delivers Strong GainsFuel gallons sold increased 3.6% year over year to 848.3 million, driven by a large store base and same-store gallon growth. Same-store fuel gallons were up 1.5% compared with 0.1% growth in the prior-year quarter.
Fuel gross profit jumped 29.1% to $397.4 million. Fuel margin improved to 46.9 cents per gallon from 37.6 cents a year earlier. Casey’s also generated $15.2 million in renewable fuel credits in the quarter, up $10.8 million from the prior-year period.
Casey’s Expense Trends and Cash PositionTotal operating expenses rose 10.1% year over year to $730 million. Operating 40 more stores accounted for roughly 2% of the increase, while same-store employee expense contributed about 1.5%, mainly due to higher labor rates.
The company ended the quarter with $1.4 billion in available liquidity, including $523 million in cash and cash equivalents and $900 million in available borrowing capacity. Casey’s repurchased about $63 million of shares during the quarter and its board expanded the repurchase authorization to $1 billion.
CASY’s Fiscal 2026 Finish & 2027 ViewFor fiscal 2026, Casey’s reported diluted earnings of $19.16 per share, up 30.9% year over year. Net income increased 30.7% to $714.4 million, while EBITDA rose 23.6% to nearly $1.5 billion.
For fiscal 2027, management expects inside same-store sales to increase 2-5%, with an inside margin above 42%. Same-store fuel gallons sold are expected to range between a 1% decline and a 1% increase. Total operating expenses are projected to rise 5-7%, while EBITDA is expected to grow 8-10%.
Casey’s Store Growth & Shareholder ReturnsCasey’s operated 2,944 stores as of Apr. 30, 2026. During fiscal 2026, the company added 40 new stores through construction, acquired 40 stores and opened one prior acquisition, while closing 41 stores.
The company expects to open at least 120 stores in fiscal 2027 through a mix of mergers and acquisitions and new store construction. Casey’s also raised its quarterly dividend by 14% to 65 cents per share, marking the 27th consecutive annual dividend increase.
How Have Estimates Been Moving Since Then?In the past month, investors have witnessed a upward trend in fresh estimates.
VGM ScoresAt this time, Casey's has a strong Growth Score of A, though it is lagging a lot on the Momentum Score front with a D. Following the exact same course, the stock has a score of D on the value side, putting it in the bottom 40% for this investment strategy.
Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in.
OutlookEstimates have been trending upward for the stock, and the magnitude of these revisions looks promising. Notably, Casey's has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
Casey’s zvýšila tržby ve srovnatelných prodejnách o 4,2 % díky připraveným jídlům a nápojům. Růst podpořily nové položky menu a nižší ceny celých pizz než u národních značek.
Key Takeaways Casey's posted 4.2% inside same-store sales growth, led by prepared food and beverages.CASY boosted traffic with new menu items while keeping whole-pizza prices below national brands.CASY's grocery and merchandise sales increased through energy drinks, nicotine alternatives and liquor. Casey’s General Stores, Inc. (CASY - Free Report) posted strong inside same-store sales growth, driven by strategic menu expansion and value positioning. Inside same-store sales saw 4.2% growth for fiscal 2026 and 7% growth on a two-year stack. This performance was driven by the prepared food and dispensed beverage segment as well as the grocery and general merchandise segment.
Casey’s prepared food and dispensed beverage business continued to deliver strong performance, with same-store sales increasing 5.2% for fiscal 2026 and 6.6% in the fiscal fourth quarter, reflecting sustained customer demand. Growth was supported by product innovation, including limited-time offerings such as the Bacon Cheeseburger Pizza, an expanded specialty menu and the introduction of the FROSTBITE frozen beverage platform.
Management also highlighted the success of its sauced wings rollout, which increased order frequency by 30% among purchasing customers without reducing pizza sales. In addition, Casey’s maintained a value-focused pricing strategy by keeping whole-pizza prices between $1 and $3, which is below national brands and avoiding price increases for several years, reinforcing its competitive positioning.
The grocery and general merchandise category also performed well, with same-store sales increasing 3.9% in fiscal 2026 and 5.1% in the fourth quarter. Growth in this area is supported by energy drinks, including a top-selling exclusive flavor from Monster and a structural shift toward higher-margin nicotine alternatives over traditional cigarettes. Additionally, the company has leveraged more than 1,500 liquor licenses to shift its alcohol assortment toward higher-margin liquor products relative to beer.
Overall, Casey’s consistent execution across its retail portfolio continues to reinforce its customer-focused operating model. Looking ahead, the company expects same-store sales growth of 2% to 5% in fiscal 2027. By balancing affordability, product innovation, and category mix optimization, Casey’s aims to sustain customer traffic and support long-term growth.
The Zacks Rundown for CASYShares of CASY have surged 52.6% in the past year compared with the industry’s growth of 45.1%. CASY currently sports a Zacks Rank #1 (Strong Buy).
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From a valuation standpoint, CASY trades at a forward price-to-earnings ratio of 36.26, higher than the industry’s average of 28.30.
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The Zacks Consensus Estimate for CASY’s current and next fiscal year earnings implies year-over-year growth of 9.9% and 12.3%, respectively.
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Other Stocks to ConsiderSome other top-ranked stocks have been discussed below:
Ross Stores, Inc. (ROST - Free Report) operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd's DISCOUNTS brands in the United States. At present, ROST flaunts a Zacks Rank of 1. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for ROST’s current fiscal-year sales and earnings indicates growth of 9.1% and 17.1%, respectively, from the year-ago figures. ROST delivered a trailing four-quarter earnings surprise of 10.2%, on average.
The TJX Companies, Inc. (TJX - Free Report) together with its subsidiaries, operates as an off-price apparel and home fashions retailer worldwide. At present, TJX carries a Zacks Rank of 2 (Buy).
The Zacks Consensus Estimate for TJX’s current fiscal-year sales and earnings indicates growth of 5.9% and 9.3%, respectively, from the year-ago figures. TJX delivered a trailing four-quarter earnings surprise of 8.8%, on average.
Dollar Tree, Inc. (DLTR - Free Report) operates retail discount stores under the Dollar Tree and Dollar Tree Canada brands in the United States and Canada. At present, DLTR carries a Zacks Rank of 2.
The Zacks Consensus Estimate for DLTR’s current fiscal-year sales and earnings indicates growth of 6.5% and 21.4%, respectively, from the year-ago figures. DLTR delivered a trailing four-quarter earnings surprise of 32.1%, on average.
Casey's General Stores na Investor Day představila svůj strategický plán. V úvodu zároveň upozornila, že prezentace obsahuje výhledová prohlášení a ne-GAAP ukazatele.
Casey's General Stores, Inc. (CASY) Analyst/Investor Day June 24, 2026 9:30 AM EDT
Company Participants
Brian Johnson - Senior Vice President of Investor Relations & Business Development
Darren Rebelez - President, CEO & Board Chair
Stephen Bramlage - Senior VP & CFO
Thomas Brennan - Senior VP & Chief Merchandising Officer
Brad Haga - Senior Vice President of Prepared Food & Dispensed Beverage
Ena Koschel - Chief Operating Officer
Nathaniel Doddridge - Senior Vice President of Fuel
Chad Frazell - Chief Human Resources Officer
Conference Call Participants
Corey Tarlowe - Jefferies LLC, Research Division
Krisztina Katai - Deutsche Bank AG, Research Division
Bradley Thomas - KeyBanc Capital Markets Inc., Research Division
Robert Griffin - Raymond James & Associates, Inc., Research Division
Jacob Aiken-Phillips - Melius Research LLC
Pooran Sharma - Stephens Inc., Research Division
Michael Montani - Evercore ISI Institutional Equities, Research Division
Phillip Blee - William Blair & Company L.L.C., Research Division
Mark Carden - UBS Investment Bank, Research Division
Kelly Bania - BMO Capital Markets Equity Research
Thomas Palmer - JPMorgan Chase & Co, Research Division
Bonnie Herzog - Goldman Sachs Group, Inc., Research Division
Edward Kelly - Wells Fargo Securities, LLC, Research Division
Presentation
Brian Johnson
Senior Vice President of Investor Relations & Business Development
Hello, and thank you for joining us today for our Investor Day. It's great to see both new and familiar faces in the crowd, and we are very excited to share our strategic plan. I'm Brian Johnson, Senior Vice President of Investor Relations and Business Development.
Before we begin, I'll remind you that today's presentation includes forward-looking statements and non-GAAP measures within the meaning of the Private Securities Litigation Reform Act of 1995, including those related to the expectations for future periods, possible or assumed future results of operations, financial conditions, liquidity and related sources or needs, business and/or integration strategies, plans and synergies, supply chain, growth opportunities and performance at our stores. There are a number of known and
Casey’s představila nový tříletý strategický plán zaměřený na růst v oblasti potravin a nápojů, expanzi sítě a vyšší provozní efektivitu. Chce přidat alespoň 400 prodejen.
Nation’s Third-Largest Convenience Retailer and Fifth-Largest Pizza Chain Unveils New Plan and Goals Focused on Accelerating Food and Beverage, Store Growth and Operational Efficiency
ANKENY, Iowa--(BUSINESS WIRE)--Casey’s General Stores, Inc. (NASDAQ: CASY), a leading convenience store chain in the United States, today unveiled its new three-year strategic plan. Since introducing its last strategic plan in 2023, the company has exceeded its strategic and financial targets, adding more than 500 stores and joining the S&P 500.
“Our success over the last three years reinforces what makes Casey’s unique: a differentiated model that brings together restaurant-quality food, best-in-class convenience, and fuel at scale," said Darren Rebelez, President and CEO at Casey's.
Share “Our success over the last three years reinforces what makes Casey’s unique: a differentiated model that brings together restaurant-quality food, best-in-class convenience, and fuel at scale," said Darren Rebelez, President and Chief Executive Officer at Casey’s. “As we enter our next three-year plan, we are focused on expanding our food business, growing our store base, and leveraging technology to improve efficiency and execution. We believe these priorities will enable us to continue gaining market share, driving profitable growth, and delivering long-term value for our shareholders.”
Casey's new three-year strategic plan is centered on three priorities:
Accelerating Food and Beverage: Food continues to be a key growth driver for Casey’s. Building on its position as one of the nation’s leading pizza chains, Casey’s will continue investing in its made-to-order offerings, including pizza and chicken wings, with plans to expand its private-brand portfolio. "Our food business is at the center of Casey’s three-year growth strategy and continues to be one of our strongest differentiators," said Tom Brennan, Chief Merchandising Officer at Casey’s. "Prepared foods and nonalcoholic beverages are driving strong inside sales, and we’re continuing to build on the loyalty we’ve earned through our more than 40 years in the pizza business with new offerings like wings and fries. In Des Moines, where wings have been available for more than a year, sales are up 20% year over year, reinforcing the significant opportunity we see as we expand the platform across our nearly 3,000 stores and further establish Casey’s as a food destination."
Expanding Casey’s Country and Scale: Casey’s plans to add at least 400 stores through a combination of strategic acquisitions and new-store development. By expanding its presence in both existing and new markets, Casey’s will bring its distinctive food-first convenience offering to more guests, while leveraging its proven expertise in acquiring and successfully integrating stores. “Our growth strategy is expanding Casey’s Country in a disciplined way," said Ena Williams, Chief Operations Officer at Casey’s. "We’ve shown that we can grow through both new stores and acquisitions. That includes the successful integration of CEFCO, our largest acquisition to date, which strengthened our presence in Texas and expanded Casey’s reach across the South. That flexibility allows us to pursue the best opportunities as market conditions evolve.”
Enhancing Operational Efficiency: Casey's is investing in technology and data-driven tools to improve how its team members prepare food, serve guests, and run stores efficiently. These investments help improve forecasting, strengthen the guest experience, and support profitable growth as the company expands. "We're intentional about how we invest in technology, focusing on solutions that improve the experience for our guests while enabling our teams to operate more efficiently," said Williams. "Whether it's using AI to help improve forecasting and inventory planning, redesigning kitchens to help team members prepare more food with less friction, or enhancing digital tools like our app and Casey's Rewards, we're investing in practical innovations that improve efficiency, strengthen guest experience, and support long-term growth."
Materials from the presentation are available on the company’s website here: https://investor.caseys.com/events-presentations
About Casey's
Casey’s is a Fortune 500 company (Nasdaq: CASY) operating over 2,900 convenience stores. Founded more than 50 years ago, the company has grown to become the third-largest convenience store retailer and the fifth-largest pizza chain in the United States. Casey’s provides freshly prepared foods, quality fuel and friendly service at its locations. Guests can enjoy pizza, donuts, other assorted bakery items, and a wide selection of beverages and snacks. Learn more and order online at www.caseys.com, or in the mobile app.
Forward-Looking Statements
This release contains statements that may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including those related to expectations for future periods, possible or assumed future results of operations, financial conditions, liquidity and related sources or needs, business and/or integration strategies, plans and synergies, supply chain, growth opportunities and performance at our stores. There are a number of known and unknown risks, uncertainties and other factors that may cause our actual results to differ materially from any results expressed or implied by these forward-looking statements, including but not limited to the execution of our strategic plan, the integration and financial performance of acquired stores, wholesale fuel, inventory and ingredient costs, distribution challenges and disruptions, the impact and duration of the conflicts in oil producing regions or other geopolitical disruptions, as well as other risks, uncertainties and factors, which are described in the company’s most recent annual report on Form 10-K and quarterly reports on Form 10-Q, as filed with the Securities and Exchange Commission and available on our website. Any forward-looking statements contained in this release represent our current views as of the date of this release with respect to future events, and Casey’s disclaims any intention or obligation to update or revise any forward-looking statements in the release whether as a result of new information, future events or otherwise.
Casey’s ve fiskálním roce 2026 zvýšila srovnatelné tržby o 10,2 % a zisk z paliv o 21 % na 1,50 miliardy USD. Firma zároveň přidala 198 obchodů a plánuje otevřít alespoň 120 v roce 2027.
Key Takeaways CASY fiscal 2026 inside sales rose 10.2%, with same-store sales up 4.2% and margin at 42.2%.CASY fuel gross profit rose 21% to $1.50 billion as gallons sold and fuel margins increased.CASY added 198 stores via Fikes and plans to open at least 120 stores in fiscal 2027. Casey’s General Stores, Inc. (CASY - Free Report) enters fiscal 2027 with momentum across its core convenience-store model. The stock outlook rests on whether inside sales, fuel profitability and unit growth can keep supporting earnings.
The company’s latest operating results show a business that is broadening its profit base while still relying on fuel as a key traffic driver.
Casey’s Business Mix Drives StabilityCasey’s operates 2,944 stores across 19 states, with about 71% located in areas with populations below 20,000. That small-community footprint remains central to its store economics.
The company generates revenue from retail fuel, grocery and general merchandise, prepared food and dispensed beverages, plus other businesses such as wholesale fuel and car washes. This mix gives Casey’s several profit levers rather than dependence on one category.
CASY Inside Sales Keep BuildingInside sales remain a key part of the CASY story. In fiscal 2026, total inside sales increased 10.2%, while inside same-store sales rose 4.2%, supported by whole pizzas, non-alcoholic beverages and category innovation.
The margin picture also improved. Inside margin expanded 70 basis points year over year to 42.2%, reflecting better vendor execution, cost-of-goods management and a favorable product mix.
Casey’s Fuel Segment Adds Earnings PowerFuel continues to matter for both traffic and earnings. Fiscal 2026 retail fuel gallons sold increased 10% to 3.52 billion gallons, helped by store growth and the full-year contribution from Fikes locations.
Average fuel margin rose to 42.6 cents per gallon from 38.7 cents in fiscal 2025. Fuel gross profit increased 21% to $1.50 billion, showing that Casey’s benefited from both volume and stronger fuel economics.
CASY Expansion Keeps the Growth Story AliveThe Fikes and CEFCO acquisition is reshaping Casey’s scale. The company added 198 stores through the transaction and expanded its wholesale fuel exposure.
Casey’s opened 80 stores in fiscal 2026, evenly split between acquisitions and new builds, and converted 50 CEFCO stores to the Casey’s brand. Management expects to open at least 120 stores in fiscal 2027 through a mix of mergers and acquisitions and new construction.
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Casey’s Risks Still Deserve AttentionThe growth outlook carries cost pressure. Operating expenses rose 11.2% in fiscal 2026 to $2.84 billion, driven partly by more stores, labor, credit card fees and incentive-related expenses.
Interest expense is another watch item. Net interest expense increased 15.1% in fiscal 2026 to $96.6 million, mainly tied to debt used to partly fund the Fikes acquisition.
Competition also remains intense. Walmart Inc. (WMT - Free Report) is relevant to Casey’s investment context because it competes for consumer spending across grocery, general merchandise and value-focused retail formats. Costco Wholesale Corporation (COST - Free Report) adds another comparison point because its warehouse-club model and fuel offering keep it tied to both consumer traffic and fuel-price sensitivity.
CASY Signals Support a Bullish LensThe bottom line is that Casey’s has multiple growth drivers, but the stock outlook depends on execution. Inside sales growth, fuel margins and store expansion need to offset higher operating costs and interest expense.
CASY currently carries a Zacks Rank #1 (Strong Buy). That rank signals positive earnings estimate momentum and supports a favorable near-term view of the stock. You can see the complete list of today’s Zacks #1 Rank stocks here.
The stock also has a Value Score of A. For investors focused on valuation, that score suggests Casey’s screens well on value-oriented metrics, especially when considered alongside its top Zacks Rank.
