Casey’s General Stores ( (CASY) ) has released its Q1 earnings. Here is a breakdown of the information Casey’s General Stores presented to its investors.
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Casey’s General Stores, Inc. is a leading convenience store chain in the United States, known for its extensive network of stores offering a variety of products including groceries, prepared foods, and fuel services.
Casey’s General Stores reported a strong first quarter for the fiscal year 2026, with significant growth in earnings and sales. The company achieved a 19.5% increase in diluted earnings per share, reaching $5.77, and a net income of $215.4 million. EBITDA also saw a notable rise of 19.8%, reaching $414.3 million.
The company experienced a 4.3% increase in inside same-store sales, driven by a successful summer merchandising plan and efficient service execution. Fuel sales also saw growth, with same-store gallons sold rising by 1.7% and a fuel margin of 41.0 cents per gallon. The increase in total fuel gross profit by 18.8% was a significant contributor to the overall financial performance.
Looking ahead, Casey’s management maintains a positive outlook for fiscal 2026, expecting EBITDA growth of 10% to 12% and inside same-store sales to increase by 2% to 5%. The company plans to continue expanding its store count, aiming to open at least 80 new stores through acquisitions and new constructions, further solidifying its market presence.