Casey's General Stores (CASY) Misses Q3 EPS by 32c, Sales Miss; $300M Stock Buyback

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Casey's Posts Third Quarter Results; Announces Share Repurchase Program

March 6, 2017 4:08 PM EST

ANKENY, Iowa--(BUSINESS WIRE)-- Caseys General Stores, Inc. (Nasdaq: CASY) today reported diluted earnings per share of $0.58 for the third quarter of fiscal 2017 ended January 31, 2017, compared to $0.97 per share for the same quarter a year ago. Year to date, diluted earnings per share were $3.72 versus $4.54 a year ago. "Although pressures in our operating area persisted throughout the quarter, the Company continues to be an industry leader in same-store sales growth," stated Terry Handley, President and CEO. "As a demonstration of our commitment to creating shareholder value, the Board of Directors authorized... More