Casey’s General Stores Q4 revenue beats estimates, on the back of strong inside sales

Caseys General Stores

09/06/2026 21:48

Overview
U.S. convenience store chain's Q4 revenue beat analyst expectations, driven by strong inside sales
Diluted EPS for Q4 rose 66% yr/yr to $4.37 on higher gross profit
Company expanded share buyback authorization to $1 bln and raised dividend by 14%

Outlook
Casey’s expects fiscal 2027 inside same-store sales to rise 2% to 5% with margin above 42%
Company expects same-store fuel gallons sold to be between negative 1% and positive 1%
Casey’s expects EBITDA to increase 8% to 10% in fiscal 2027

Result Drivers
INSIDE SALES GROWTH - Inside same-store sales rose 5.5%, driven by strong performance in prepared foods, non-alcoholic beverages, and improved sales mix
MARGIN IMPROVEMENT - Inside margin increased by 120 basis points, helped by cost of goods management, reduced waste, and favorable mix shift
FUEL PROFIT INCREASE - Fuel gross profit rose 29.1% due to higher gallons sold, improved fuel margin, and increased renewable fuel credits

Company press release: ID:nBwbH6cya

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$4.57 bln
$4.3 bln (16 Analysts)
Q4 EPS
 
$4.37
 
Q4 Net Income
 
$162.68 mln
 
Q4 Inside same-store sales Growth
 
5.5%
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy", 8 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the food retail & distribution peer group is "buy"
Wall Street's median 12-month price target for Caseys General Stores Inc is $829.00, about 10.3% above its June 8 closing price of $751.63
The stock recently traded at 37 times the next 12-month earnings vs. a P/E of 36 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)