PREVIEW: Caseys General Stores slides ahead of qtrly report; soaring oil in focus

Caseys General Stores

09/03/2026 15:55

** Shares of Caseys General Stores CASY.O falling 2.9% on Mon ahead of qtrly results after the bell, with investors focusing on impact of surging energy prices on the gas station and convenience store operator

** Co's adjusted EPS beat analyst expectations in prev qtr

** For Jan qtr, CASY is expected to post a 3% rise in qtrly rev to $4.04 bln, while adj EPS seen at $2.99 vs $2.33 a yr ago, per LSEG

** Co's results come as oil prices soar, exacerbating inflation fears as hostilities in the Middle East entered their tenth day

** Stock has gained ~17% YTD, compared with a 4% fall for the Nasdaq .IXIC

** CASY recently traded at a forward P/E of 34, above its five-yr avg of 24

** Shares are trading ~7% below their intraday record high of $690.00 hit on Feb. 27, 2026

(Reporting by Noel Randewich)

((noel.randewich@thomsonreuters.com))