RBC Capital Upgrades Casey's General Stores (CASY) to Outperform

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Go back to RBC Capital Upgrades Casey's General Stores (CASY) to Outperform

Casey’s Posts 28% Increase on Year-To-Date Net Income

March 7, 2016 4:00 PM EST

ANKENY, Iowa--(BUSINESS WIRE)-- Caseys General Stores, Inc. (Nasdaq: CASY) today reported diluted earnings per share of $0.97 for the third quarter of fiscal 2016 ended January 31, 2016, compared to $1.01 per share for the same quarter a year ago. Year to date, diluted earnings per share were $4.54 versus $3.57 a year ago. Total inside gross profit was up over 13% in the third quarter, driven primarily by improved margin performance in our prepared food category, stated Chairman and CEO Robert J. Myers. Our fuel margin per gallon was above our annual goal but still below prior years strong... More