Casey's General Stores (CASY) Misses Q4 EPS by 18c
Casey's General Stores (NASDAQ: CASY) reported Q4 EPS of $0.51, $0.18 worse than the analyst estimate of $0.69. Revenue for the quarter came in at $2.09 billion versus the consensus estimate of $2.13 billion.
The corporate performance guidance for fiscal 2019 is as follows:
| Same-store Sales | Average Margin | ||||
| Fuel (Gallons and CPG) | 1.5 - 3.0% | 18.5 - 20.5 | |||
| Grocery and Other Merchandise | 1.5 - 3.0% | 31.5 - 32.5% | |||
| Prepared Food and Fountain | 1.5 - 3.5% | 60.0 - 62.0% | |||
| Other Guidance | |||||
| Operating Expenses (including expenses from value creation plan) | 8.5% - 10.5% | ||||
| Depreciation and Amortization | 14.0 - 16.0% | ||||
| New Store Construction | 60 stores | ||||
| Acquisitions | 20+ stores | ||||
For earnings history and earnings-related data on Casey's General Stores (CASY) click here.