What is the revenue and EPS growth rate for Casey's year over year?

What does Casey's do and what are its main business segments?

What guidance did Casey's's management provide for the next earnings period?

What is Casey's's gross profit margin?

What were the key takeaways from Casey's’s earnings call?

What is the market's earnings forecast for Casey's next quarter?

What were the key takeaways from Casey's's earnings call?

What is Casey's's latest dividend and current dividend yield?

- **Record Profit Growth**: EPS up 50% to $3.49, net income $130 million (+49%), driven by 4% inside sales growth and $0.41/gallon fuel margin.
- **Strategic Expansion**: Wings launched in 550 stores, Monster Ultra flavor exclusive to Casey's, and 10M+ Rewards members.
- **Margin Expansion**: Inside gross margin +130bps to 42.2%, with prepared food margin up 50bps.
- **Fuel Resilience**: Withstood $0.30/gallon price swing, no volume impact at current $3/gallon level.
- **Guidance Uptick**: EBITDA growth raised to 18-20%, inside sales 3.5-4.5%, reflecting strong Q3 momentum.

**【CEO Summary Section】**
- **Revenue and Profit Growth**: Q3 revenue reached $3.91 billion, up 0.3% YoY. Diluted EPS rose 50% to $3.49, driven by strong inside sales and fuel margin expansion. Net income increased 49% to $130 million, with EBITDA up 27.5% to $309 million.
- **Inside Sales Performance**: Same-store inside sales grew 4% (7.9% 2-year stack), with prepared food and dispensed beverages up 4.3% (9.2% 2-year stack). Grocery and general merchandise sales rose 4% (7.4% 2-year stack), boosted by energy drinks and nicotine alternatives.
- **Fuel Margin Strength**: Fuel margin reached $0.41/gallon, up $0.046 YoY. Same-store gallons sold grew 0.4%, outperforming Mid-Continent region's 4% decline.
- **Strategic Initiatives**: Expanded wings to 550 stores, with plans to convert 50 more by year-end. Launched Monster Ultra Red, White, and Blue Razz exclusively at Casey's. Crossed 10 million Casey's Rewards members.

**【CFO Financial Commentary】**
- **Financial Highlights**: GAAP net income of $130 million, Non-GAAP EPS of $3.49. Inside gross profit margin improved 130bps to 42.2%, with prepared food margin up 50bps to 58.3%. Fuel gross profit rose 15.3% YoY.
- **Expense Management**: Total operating expenses increased 4.1% ($27.4 million), driven by unit growth, labor rates, and snow removal. Free cash flow of $76 million, down from $91 million YoY due to higher PP&E purchases.
- **Updated Guidance**: Fiscal 2026 EBITDA expected to grow 18-20% (vs. prior 15-17%). Inside same-store sales target 3.5-4.5%, inside margin 41.5-42.5%. Tax rate updated to 23.5-24.5%.

**【Q&A Highlights】**
- **Fuel Volatility**: Margins compress initially but expand as prices stabilize. Retail prices >$5/gallon trigger demand decline; current $3/gallon level shows no impact on volume.
- **Wings Rollout**: 550 stores operational, with 50 more conversions by year-end. Pricing at $7.99/8 pieces, targeting incremental occasions. CapEx minimal; labor added based on demand.
- **Tobacco Growth**: Nicotine alternatives (pouches, vapor) up 31% and 12% YoY, offsetting combustible decline. Category net growth due to margin mix shift.
- **Integration Progress**: Fikes/CEFCO integration on track, with 50 store conversions by year-end. Synergies captured in G&A, fuel, and prepared foods.
- **Unit Growth**: On track for 80 new stores in FY26, with pipeline supporting 4% annual unit growth post-integration.

Casey's General Stores, Inc. (CASY) Q3 2026 Earnings Call Transcript

- **Record Financials**: EPS up 14%, EBITDA +17.5% to $410M, driven by 3.3% same-store sales growth and 42.4% inside margin.
- **Category Strength**: Prepared food sales +10.3% on 2-year stack, grocery margin +40bps to 36%. Fuel gallons +0.8% vs. -2% market decline, gaining market share with stable CPG in low 40s.
- **Growth Outlook**: Full-year EBITDA +15-17%, inside sales +3-4%, targeting 41-42% margin. Free cash flow to exceed $176M with $200M share buyback. Focus on prepared food innovation (e.g., chicken wings test) and fuel market share gains. Maintain disciplined OpEx growth and cautious M&A approach.

**【CEO Summary Section】**
- **Revenue and Profit Growth**: Diluted EPS of $5.53 (14% YoY increase), net income of $206 million, and EBITDA of $410 million (17.5% YoY). Same-store sales up 3.3% with 7.5% 2-year stack growth.
- **Category Performance**: Prepared food sales +4.8% (10.3% 2-year stack), grocery +2.7% (6.4% 2-year stack). Fuel gallons +0.8% with margin of $0.416/gallon, outpacing Mid-Continent market decline.
- **Margin Expansion**: Grocery margin +40bps to 36% due to higher-margin items. Fuel margin up 0.014/gallon despite CEFCO drag.
- **Operational Efficiency**: Same-store OpEx +4.5% (flat labor hours despite pizza demand). Strong guest satisfaction scores.

**【CFO Financial Commentary】**
- **Topline Growth**: Total revenue $4.51B (+14.2%), inside sales $1.66B (+13%), fuel sales $2.73B (+16.8%).
- **Profitability**: Gross profit $1.12B (+17%), inside margin 42.4% (+20bps). Fuel margin $0.416/gallon (+0.014 YoY). Other income +53.4% to $40.9M.
- **Expense Management**: OpEx +16.7% ($101.9M), 10.5% from unit growth. Free cash flow $176M (+9.4%).
- **Guidance Update**: Full-year EBITDA +15-17%, inside sales +3-4%, margin 41-42%. Dividend maintained at $0.57/share.

**【Q&A Highlights】**
- **Fuel Strategy**: Market share gains via balanced volume/profit approach. Winter margins seasonally lower but no forward guidance.
- **OpEx Trends**: Full-year OpEx +8-10% unchanged. Third-quarter OpEx +mid-single digits due to Fikes lapping.
- **CEFCO Impact**: Margins lower in CEFCO stores (50% prepared food margin vs. Casey's 58.6%). Rebranding to begin in Q1 2026.
- **Consumer Behavior**: Traffic +1.5%, whole pies +8%. Guests trading up to higher-priced items despite economic pressures.
- **M&A Strategy**: Focused on small tuck-in deals; larger acquisitions opportunistic with high asset quality bar.
- **Cheese Costs**: 80% hedged for next 4 quarters at favorable rates.
- **Promotions**: Alternate nicotine sales growth via manufacturer-funded promotions.


Casey's General Stores, Inc. (CASY) Q2 2026 Earnings Call Transcript

- **EPS Surges 19%**: Q1 EPS of $5.77 driven by 11.5% revenue growth and margin expansion.
- **Fuel Dominance**: 1.7% same-store gallons growth vs. -3% regional decline, $0.41/gallon margin.
- **Grocery Mix Win**: 35.9% margin in grocery, up 50bps due to energy drinks and nic alternatives.
- **CEFCO Progress**: 3 stores converted, 110bps margin drag in prepared foods improving.
- **Cash Flow Strength**: $262M free cash flow, $264M remaining on buyback.

**【CEO Opening Remarks】**
- Q1 FY2026 EPS of $5.77, up 19% YoY, driven by strong inside sales and fuel performance.
- Same-store sales growth: 4.3% overall, 5.6% in prepared food & beverages, 3.8% in grocery & general merchandise.
- Fuel margin of $0.41/gallon, outpacing regional decline, with 1.7% same-store gallons growth.
- CEFCO stores contributing 110bps margin drag in prepared foods, partially offset by cost management.

**【CFO Financial Commentary】**
- Total revenue $4.6B (+11.5% YoY), inside sales $1.68B (+14.2%), fuel sales $1.78B (+18% gallons, -9% price).
- Gross profit $1.11B (+16.5%), with 20bps margin expansion in inside goods.
- Operating expenses $88.7M (+14.6%), 10% from unit growth, 1.5% from wage increases.
- Net income $215M (+19.5%), EBITDA $414M (+19.8%), free cash flow $262M (+45%).
- Debt-to-EBITDA 1.8x, $264M remaining on $300M share buyback.

**【Q&A Highlights】**
- **Cheese Costs**: 70% of FY2026 needs locked in at favorable rates, current costs slightly below prior year.
- **Fuel Strategy**: Fuel 3.0 procures 8.8% of total fuel, 3% of base business; competitive pricing drives traffic.
- **CEFCO Integration**: 3 proof-of-concept stores converted, 45M synergy target on track; 70% of fuel hedged for FY2026.
- **M&A & Growth**: 8-10% EBITDA growth target, 4-5% unit growth via NTIs and small M&A; grocery margins boosted by energy drinks mix shift.
- **Consumer Trends**: Strong performance across income cohorts, prepared foods resilience in lower-income segments.

Casey's General Stores, Inc. (CASY) Q1 2026 Earnings Call Transcript

- **Record financial performance**: FY2025 EPS up 9% to $14.64, net income $547M, driven by 10.9% inside sales growth.
- **Unit growth milestone**: 235 units acquired (including 198 CEFCO stores) and 35 new builds, largest year in company history.
- **Operational excellence**: 12 straight quarters of labor hour reduction, 2.4% YoY improvement in same-store expenses.
- **Strong cash generation**: $585M free cash flow, 1.9x debt/EBITDA, 14% dividend increase.

**【CEO Opening Remarks】**
- FY2025 was a record year with diluted EPS of $14.64 (9% YoY growth) and $547M net income. Total inside sales grew 10.9%, driven by 35 new builds and 235 acquired units (including 198 CEFCO stores via Fikes acquisition). 
- Inside same-store sales +2.6% (2-year stack +7.1%), with strong performance in prepared foods (+9.7%) and grocery (+13.5%). Fuel gross profit up 11% on 13% volume growth.
- Operational efficiency: same-store labor hours reduced 2.4% YoY, 12th consecutive quarter of improvement. Team engagement scores hit all-time high.

**【CFO Financial Highlights】**
- Q4 FY2025: Diluted EPS $2.63 (12% YoY), total inside sales $1.4B (+12.4%). GAAP net income $98.3M (+13%), EBITDA $263M (+20.1%).
- FY2025 free cash flow $585M, debt-to-EBITDA 1.9x. Dividend increased 14% to $0.57/share, with $125M share buybacks planned for FY2026.
- FY2026 Outlook: EBITDA +10-12%, inside same-store sales +2-5%, 80 new stores (mix of M&A and builds).

Casey's General Stores, Inc. (CASY) Q4 2025 Earnings Call Transcript

- **Record Q3 Growth**: $3.9B revenue (+17.3% YoY), EBITDA $242M (+11.4%), driven by 15% inside sales and 20% fuel volume.
- **Food Innovation Success**: Hot sandwiches +50%, bakery +10%, energy drinks +18%, with 2.1x leverage ratio on track for 2.0x target.
- **Fikes Synergies**: Early store conversions show menu blend success; full margin convergence in 3-4 years via kitchen remodels.
- **Resilient Consumer**: Post-weather recovery shows traffic resilience, with 74% growth in nicotine alternatives offsetting tobacco decline.
- **Expansion Momentum**: 2025 capex $500M for 50/50 NTI/M&A growth, with 25% store density in core states leaving expansion room.

**【CEO Summary Section】**
- **Revenue Growth**: Q3 revenue reached $3.9 billion, up 17.3% YoY, driven by 15.3% increase in inside sales and 20.4% rise in fuel gallons sold. EBITDA rose 11.4% to $242 million.
- **Strategic Plan Progress**: Accelerated food business growth with Prepared Food & Dispensed Beverage sales up 13.7%, hot sandwiches up over 50%, and bakery up nearly 10%. Store growth pillar achieved 10% YoY store count increase, outperforming company average.
- **Operational Efficiency**: Same-store labor hours reduced 2%, with continuous improvement initiatives maintaining guest experience quality.

**【CFO Financial Commentary】**
- **Profitability**: GAAP net income $87 million (flat YoY), Non-GAAP EPS $2.33. Inside gross profit margin 40.9% (-40bps YoY) due to CEFCO store integration and coffee promotion. Fuel margin $0.364/gallon (-0.9c YoY).
- **Cost Management**: Operating expenses up 17.8% YoY, with 14% attributed to unit growth. Free cash flow $91 million vs. -$27 million YoY. Leverage ratio 2.1x, targeting 2.0x by year-end.
- **Acquisition Impact**: Fikes transaction contributed $100 million in inside sales and 100 million gallons fuel, but was EBITDA dilutive in Q3 due to $13 million integration costs.

**【Q&A Key Themes】**
- **Consumer Resilience**: Low-income consumers (25% of base) show 100-300bps softness, but overall traffic resilient post-weather normalization. Candy-to-bakery trade (+74% nicotine alternatives) boosted GMROII.
- **Fikes Integration**: Early success in 3 converted stores with pizza/CEFCO menu blend. Full margin convergence expected in 3-4 years via kitchen remodels and contract migration.
- **Fuel Strategy**: Outperformed Mid-Continent market with 1.8% same-store gallons growth. Diesel recovery and targeted promotions drove volume gains.
- **Growth Pipeline**: 25% of stores in 6 states leave expansion opportunities. 2025 capex $500 million for NTIs and M&A, balanced 50/50 split.
- **Risk Mitigation**: Diversified business model (fuel + food) and $1.3 billion liquidity provide buffer against macro volatility.

Casey's General Stores (CASY)-12 Mar 25-2025 Q3 Earnings call transcript

Casey's General Stores (CASY)-10 Dec 24-2025 Q2 Earnings call transcript

Casey's General Stores, Inc. (CASY) Q1 2025 Earnings Call Transcript

Casey`s General Stores (CASY)-12 Jun 24-2024 Q4 Earnings call transcript

Casey`s General Stores (CASY)-12 Mar 24-2024 Q3 Earnings call transcript

Casey`s General Stores (CASY)-12 Dec 23-2024 Q2 Earnings call transcript

Casey`s General Stores (CASY)-12 Sep 23-2024 Q1 Earnings call transcript

Casey`s General Stores (CASY)-7 Jun 23-2023 Q4 Earnings call transcript

Casey`s General Stores (CASY)-8 Mar 23-2023 Q3 Earnings call transcript

Casey`s General Stores (CASY)-7 Dec 22-2023 Q2 Earnings call transcript

Casey`s General Stores (CASY)-8 Sep 22-2023 Q1 Earnings call transcript

Casey`s General Stores (CASY)-8 Jun 22-2022 Q4 Earnings call transcript

Casey`s General Stores (CASY)-9 Mar 22-2022 Q3 Earnings call transcript

Casey`s General Stores (CASY)-8 Dec 21-2022 Q2 Earnings call transcript

Casey`s General Stores (CASY)-8 Sep 21-2022 Q1 Earnings call transcript

Casey`s General Stores (CASY)-9 Jun 21-2021 Q4 Earnings call transcript

Casey`s General Stores (CASY)-9 Mar 21-2021 Q3 Earnings call transcript

Casey`s General Stores (CASY)-8 Dec 20-2021 Q2 Earnings call transcript

Casey`s General Stores (CASY)-9 Sep 20-2021 Q1 Earnings call transcript

Casey`s General Stores (CASY)-9 Jun 20-2020 Q4 Earnings call transcript

Casey`s General Stores (CASY)-10 Mar 20-2020 Q3 Earnings call transcript

Casey`s General Stores (CASY)-10 Dec 19-2020 Q2 Earnings call transcript

Casey`s General Stores (CASY)-12 Sep 19-2020 Q1 Earnings call transcript

Casey`s General Stores (CASY)-11 Jun 19-2019 Q4 Earnings call transcript

Casey`s General Stores (CASY)-12 Mar 19-2019 Q3 Earnings call transcript

Casey`s General Stores (CASY)-11 Dec 18-2019 Q2 Earnings call transcript

Casey`s General Stores (CASY)-11 Sep 18-2019 Q1 Earnings call transcript

Casey`s General Stores (CASY)-12 Jun 18-2018 Q4 Earnings call transcript

Casey`s General Stores (CASY)-13 Dec 17-2018 Q2 Earnings call transcript

Actual											0.91	1.67	3.24	3	1.04	1.12	3.19	2.59	1.71	1.6	4.09	3.67	2.36	1.49	4.52	4.24	2.33	2.34	4.83	4.85	2.33	2.63	5.77	5.53	3.49
Forecast											0.8899	1.8342	2.0648	2.8203	0.9694	0.8805	3.024	2.9633	1.4518	1.5927	3.7799	3.1609	1.9694	1.6438	3.3572	3.8043	2.1426	1.7204	4.5	4.2946	1.9917	1.9419	5.0177	5.1858	2.9924
Surprise	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	+2.26%	-8.95%	+56.92%	+6.37%	+7.28%	+27.20%	+5.49%	-12.60%	+17.78%	+0.46%	+8.20%	+16.11%	+19.83%	-9.36%	+34.64%	+11.45%	+8.75%	+36.01%	+7.33%	+12.93%	+16.99%	+35.43%	+14.99%	+6.64%	+16.63%

CASY

CASY fundamentals

CASY Q3 2026 Earnings

Earnings Call

You can ask Aime

CASY

CASY fundamentals

CASY Q3 2026 Earnings

Earnings Call

CASY Earnings Call Summary for Q3/20268:30 AM on Mar 10, 2026

CASY Earnings Call Summary for Q2/20268:30 AM on Dec 10, 2025

CASY Earnings Call Summary for Q1/20268:30 AM on Sep 9, 2025

CASY Earnings Call Summary for Q4/20258:30 AM on Jun 10, 2025

CASY Earnings Call Summary for Q3/20258:30 AM on Mar 12, 2025

You can ask Aime