Casey's General Stores (CASY) Tops Q1 EPS by 74c
Casey's General Stores (NASDAQ: CASY) reported Q1 EPS of $5.77, $0.74 better than the analyst estimate of $5.03. Revenue for the quarter came in at $4.58 billion versus the consensus estimate of $4.48 billion.
Fiscal 2026 Outlook
The Company's fiscal 2026 outlook previously disclosed remains unchanged. Casey's expects the following performance during fiscal 2026. The Company expects EBITDA to increase 10% to 12%. The Company expects inside same-store sales to increase 2% to 5% and inside margin of approximately 41%. The Company expects same-store fuel gallons sold to be negative 1% to positive 1%. Total operating expenses are expected to increase approximately 8% to 10%. The Company expects to open at least 80 stores in fiscal 2026, through a mix of M&A and new store construction, bringing the three-year strategic plan period total to approximately 500 stores. Net interest expense is expected to be approximately $110 million. Depreciation and amortization is expected to be approximately $450 million and the purchase of property and equipment is expected to be approximately $600 million. The tax rate is expected to be approximately 24% to 26% for the year.
For earnings history and earnings-related data on Casey's General Stores (CASY) click here.
