Casey General Stores (CASY) Reports Same-Store Sales Gasoline Gallons Sold Up 0.6%
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On September 15, 2009, Casey's General Stores (Nasdaq: CASY) reported August 2009 same-store sales gasoline gallons sold increased 0.6% in August 2009 compared to August 2008. The gasoline margin was above the Company's fiscal 2010 goal of 11.0 cents per gallon. The average retail price of gasoline sold during August 2009 was $2.46 per gallon. Same-store sales for prepared food and fountain increased 3.1% and grocery and other merchandise increased 1.5% in August 2009 compared to August 2008. Approximately 4% of the grocery and other merchandise increase was related to cigarettes, primarily due to the federal excise tax increase.
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