Casey’s General Stores, Inc. CASY will release its fourth-quarter financial results after the closing bell on Monday, June 9.Analysts expect the company to report quarterly earnings at $1.95 per share, down from $2.34 per share in the year-ago period. Casey’s projects quarterly revenue of $3.95 billion, compared to $3.6 billion a year earlier, according to data from Benzinga Pro.On April 11, Keybanc analyst Bradley Thomas initiated coverage of Casey’s with an Overweight rating and announced a price target o ...

POLAND - 2025/01/13: In this photo illustration, the Casey`s General Stores company logo is seen ... More displayed on a smartphone screen. (Photo Illustration by Piotr Swat/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesCasey’s General Stores (NASDAQ: CASY), a gas station and convenience store chain, is set to announce its fiscal fourth-quarter earnings (April year) on Monday, June 9, 2025, with analysts expecting earnings of $1.95 per share on $3.95 billion in revenue. Th ...

Core Insights - Analysts expect Casey's General Stores (CASY) to report quarterly earnings of $1.93 per share, reflecting a year-over-year decline of 17.5% [1] - Revenue is projected to be $3.97 billion, indicating a 10.3% increase from the same quarter last year [1] Earnings and Revenue Estimates - The consensus EPS estimate has remained unchanged over the last 30 days, indicating a reevaluation of initial estimates by analysts [1] - Analysts forecast 'Net Sales- Fuel' to reach $2.40 billion, representing a year-over-year increase of 5.3% [3] - The estimate for 'Net Sales- Other' stands at $134.72 million, suggesting a significant year-over-year increase of 104% [4] Sales and Store Metrics - 'Net Sales- Prepared Food & Dispensed Beverage' is estimated at $400.18 million, indicating a 12.1% increase from the prior year [4] - 'Net Sales- Grocery & General Merchandise' is projected to be $1.02 billion, reflecting a year-over-year change of 13.1% [4] - 'Same-store sales - Grocery & General Merchandise' are expected to reach a year-over-year change of 2.0%, down from 4.3% [5] - The 'Number of Stores (EOP)' is predicted to be 2,918, up from 2,658 year-over-year [5] Profit Estimates - 'Gross Profit- Grocery & General Merchandise' is expected to reach $348.35 million, compared to $310.17 million in the same quarter last year [7] - 'Gross Profit- Prepared Food & Dispensed Beverage' is projected at $228.54 million, up from $207.44 million in the same quarter last year [7] - 'Gross Profit- Other' is estimated to be $37.11 million, compared to $26.85 million from the previous year [8] Market Performance - Shares of Casey's have decreased by 6.1% in the past month, contrasting with a 5.2% increase in the Zacks S&P 500 composite [8] - The company holds a Zacks Rank 3 (Hold), suggesting it is expected to perform in line with the overall market in the near future [8]

Core Insights - Casey's General Stores, Inc. (CASY) is expected to report a revenue increase of 10.3% year over year for Q4 fiscal 2025, with projected revenues of $3,969 million [1][9] - Earnings per share (EPS) are anticipated to decline by 17.5% year over year, with a consensus estimate of $1.93 per share [2][9] Revenue Drivers - The company's strong performance is attributed to its resilient business model, enhanced omnichannel capabilities, and exclusive private-label offerings [3] - Significant growth is expected in the prepared food and dispensed beverage segments, with a projected revenue increase of 13.2% [4] - Grocery and general merchandise categories are also expected to see a 12.7% increase in sales, driven by trending items like energy drinks [5] - Inside sales are projected to rise by 12.8%, with same-store sales growing by 2.6%, reflecting strong foodservice innovation and effective promotions [6] Challenges - The anticipated decline in earnings is primarily due to the dilutive impact of the Fikes acquisition, which has led to higher interest expenses and additional integration costs [7][9] - Other factors affecting profitability include the absence of the leap day benefit from the previous year and adverse weather conditions impacting February sales [7][9] - Operating expenses are expected to increase by 14.9% for the quarter [7]

In 2022, my daughter and I bought shares of Iowa-based convenience store (c-store) and pizza chain Casey's General Stores (CASY 0.52%) to add to her custodial account. Home to over 2,900 locations across the Midwest, Casey's is now the third-largest c-store and fifth-largest pizza chain in the United States. Focusing primarily on small towns with a population of less than 20,000 people, Casey's shops often act as the cornerstone eatery for many of the easy-to-miss communities it serves. Using this playbook, ...

NAPERVILLE, IL — A public hearing is planned to discuss a Casey's development for 20 E. Ogden Ave. in Naperville. The hearing will be held during the planning and zoning meeting on May 7 at 7 p.m.The developers are seeking a conditional use agreement and a zoning variance for the project, which includes building a new 3,218 square foot convenience store to replace the one that currently occupies the site. Currently, the site is occupied by a Bucky's gas station, as Casey's General Stores acquired Bucky's in ...

Core Insights - IntelAgree has entered into an enterprise agreement with Casey's, a Fortune 500 company and a major player in the convenience store and pizza chain sectors in the U.S. [1][5] - Casey's will utilize IntelAgree's full capabilities, including the generative AI assistant Saige Assist, to enhance contract operations across various departments [2][3]. Company Overview - Casey's operates approximately 2,900 convenience stores and is recognized as the third-largest convenience store retailer and the fifth-largest pizza chain in the United States [5]. - The company focuses on providing freshly prepared foods, quality fuel, and friendly service, with a diverse menu including pizza and bakery items [5]. Technology and Implementation - The implementation of IntelAgree's platform reflects Casey's commitment to operational excellence, automation, and enterprise-wide visibility [2][3]. - IntelAgree's tools will support every stage of the contract lifecycle, offering features such as a centralized contract repository, automated approvals, and real-time dashboards [3][4]. - The platform aims to transform contracts into a strategic advantage for Casey's by simplifying the contract process from end to end [4]. Strategic Alignment - Both companies share a commitment to making a meaningful impact in their communities, with Casey's focusing on delivering value to its guests and team members [3]. - IntelAgree emphasizes the importance of streamlining contract management to allow teams to focus on impactful work rather than busy work [6].

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Core Viewpoint - Casey's General Stores is experiencing a positive uptrend, supported by strong FQ3 results that affirm both near and long-term outlooks, leading to a share price increase of over 5% [1][12] Financial Performance - In FQ3 2025, Casey's reported consolidated revenue of $3.9 billion, reflecting a 17.1% year-over-year increase, driven by organic growth and acquisitions, surpassing MarketBeat's consensus by 420 basis points [4] - Inside sales grew by 15%, while gasoline gallons sold improved by 20.4%. On a comparable store basis, inside sales rose by 3.7%, and gasoline gallons increased by 1.8% [4] - The company maintained its comp-store growth target of 3% to 5% and increased its FY EBITDA growth outlook by 100 basis points to 11% [5] Market Sentiment and Analyst Ratings - The 12-month stock price forecast for Casey's is $423.09, indicating a 6.94% upside, with a Moderate Buy rating based on 11 analyst ratings [6] - The stock has risen 37% over the past twelve months, with recent revisions suggesting a potential 7.5% upside, which could lead to new all-time highs [7] - Institutional buying has increased, with Q1 2025 activity reaching a multiyear high, as institutions own over 70% of the stock [8] Balance Sheet and Capital Management - Casey's has suspended share buybacks in preparation for the Fikes acquisition but is expected to resume them soon. Total assets increased by nearly $1.9 billion, about 30%, while liabilities rose by $1.5 billion [10] - Equity increased by 13.2%, and long-term debt leverage remains low at less than 1x equity, ensuring positive cash flow and a safe dividend yield of approximately 0.5% [11]

Financial Data and Key Metrics Changes - Diluted EPS was $2.33 per share and net income was $87 million, both flat compared to the prior year [10] - EBITDA increased to $242 million, up 11% from the prior year [27] - Total revenue for the quarter was $3.9 billion, an increase of $574 million or 17.3% from the prior year [17] - Gross profit was $913 million, an increase of $126 million or 16% from the prior year [20] Business Line Data and Key Metrics Changes - Inside same-store sales increased by 3.7% for the quarter, or 8% on a two-year stack basis [12] - Prepared food and dispensed beverage sales rose by $48 million to $397 million, an increase of 13.7% [19] - Grocery and general merchandise sales increased by $138 million to $1 billion, an increase of 15.9% [19] - Same-store prepared food and dispensed beverage sales were up 4.7% or 12.6% on a two-year stack basis [12] Market Data and Key Metrics Changes - Fuel gallons sold were up over 20% [10] - Same-store gallons sold increased by 1.8% with a fuel margin of $0.364 per gallon [14] - The Mid-Continent region saw a decline of approximately 4% in fuel gallons sold, indicating market share growth [15] Company Strategy and Development Direction - The company is focused on accelerating the food business, with strong performance in prepared food innovation [36] - The integration of the Fikes transaction is a key strategic priority, with expectations of achieving $45 million in synergies over three to four years [64] - The company aims to enhance operational efficiency, achieving reduced same-store labor hours for 11 consecutive quarters [40] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in navigating a potentially volatile environment due to enhanced capabilities and a resilient business model [49][50] - The company expects to achieve its target leverage ratio of approximately 2 times by the end of the fiscal year [28] - Future guidance includes an expected EBITDA increase of approximately 11% [29] Other Important Information - Operating expenses increased by 17.8% or $101.3 million in the quarter, with 14% attributed to unit growth [24] - The effective tax rate for the quarter was 19.2%, down from 24.1% in the prior year [26] - The company generated $91 million of free cash flow, compared to using $27 million in the prior year [28] Q&A Session Summary Question: How has Casey's adapted to a volatile policy backdrop? - Management highlighted improvements in procurement, data analytics, and technology that enhance confidence in navigating volatility [47][48] Question: What are the timelines for improving margins at Fikes? - Management indicated that improvements will come with kitchen installations and product mix optimization, with early positive results from converted stores [52][56] Question: How is the integration of Fikes performing? - Management expressed satisfaction with early performance, noting that the integration is progressing well despite winter weather challenges [62] Question: How does Casey's position itself in a potential recession? - Management noted that Casey's offers essential daily needs at lower price points, making it resilient during economic downturns [75][76] Question: What is the outlook for labor hour reductions? - Management stated that there is still runway for reducing same-store labor hours, with a commitment to a 1% reduction per year [133] Question: How is the wings business performing? - Management confirmed that the wings test is ongoing, with positive early results but no final decision on broader rollout yet [122]