Casey’s Posts Strong Q1 Earnings But Keeps Full-Year Outlook Unchanged

Core Insights - Casey's General Stores reported first-quarter earnings of $5.77 per share, exceeding analyst expectations of $5.03, with revenue of $4.58 billion surpassing the consensus forecast of $4.48 billion [1][2] Financial Performance - The company achieved an inside gross margin of 41.9% for the quarter, which was above the expected 41.2% [2] Future Outlook - For fiscal 2026, Casey's reaffirmed its guidance for EBITDA growth of 10%–12%, same-store sales growth of 2%–5%, and flat to 1% growth in fuel gallons sold [2] - The company plans to open at least 80 new stores this year [2] Sales Drivers - The increase in inside same-store sales was attributed to positive traffic growth driven by the summer merchandising plan [2]