Casey’s General Stores on Monday reported quarterly profit and revenue ahead of Wall Street estimates, helped by stronger in-store sales, but kept its full-year outlook unchanged.
The U.S. convenience store chain posted first-quarter earnings of $5.77 per share, topping analysts’ estimates of $5.03, on revenue of $4.58 billion versus expectations of $4.48 billion.
For fiscal 2026, Casey’s maintained its forecast of 10% to 12% EBITDA growth, 2% to 5% same-store sales growth inside its stores, and flat to 1% growth in same-store fuel gallons sold. The company plans to open at least 80 new stores this year.
Shares of Casey’s fell 1.4% in after-hours trading.
“Our inside same-store sales were driven by positive traffic growth due to our summer merchandising plan,” said CEO Darren Rebelez.
Source :
https://www.investing.com/news/earnings/caseys-general-stores-beats-q1-earnings-maintains-outlook-4230053
