Picture of Caseys General Stores logo

CASY — Caseys General Stores News Story

0.000.00%
us flag iconLast trade - 00:00
Consumer DefensivesBalancedLarge CapHigh Flyer

Convenience store chain Caseys posts rise in Q2 EPS

Dec 9 () -
Overview

Convenience store chain's Q2 diluted EPS rose 14% yr/yr

Inside same-store sales grew 3.3%, boosting total inside gross profit by 13.5%

Caseys General Stores Inc updates fiscal 2026 outlook, expects EBITDA to rise 15% to 17%

Outlook

Caseys expects fiscal 2026 EBITDA to increase 15% to 17%

Company anticipates opening at least 80 stores in fiscal 2026

Caseys projects fiscal 2026 inside same-store sales growth of 3% to 4%

Result Drivers

INSIDE SALES GROWTH - Strong performance in prepared foods and beverages drove inside same-store sales growth, boosting total inside gross profit

STORE EXPANSION - Operating nearly 9% more stores than the prior year contributed to overall financial results

FUEL MARGIN IMPROVEMENT - Fuel margin increased to 41.6 cents per gallon, contributing to higher fuel gross profit

Key Details

MetricBeat/MissActualConsensus Estimate
Q2 EPS$5.53
Q2 Net Income$206.34 mln
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 6 "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 $600.00, about 5.9% above its December 8 closing price of $566.52 The stock recently traded at 32 times the next 12-month earnings vs. a P/E of 30 three months ago Press Release: ID:nBw3CPnfca For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@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.)

Recent news on Caseys General Stores

See all news