Casey's General Stores (CASY) Tops Q2 EPS by 7c, Revenues Miss

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Casey's Continues Strong Performance In Second Quarter

December 9, 2019 4:21 PM EST

ANKENY, Iowa--(BUSINESS WIRE)-- Caseys General Stores, Inc. (Caseys or the Company) (Nasdaq symbol CASY) today reported diluted earnings per share of $2.21 for the second quarter of fiscal year 2020 ended October 31, 2019, compared to $1.80 per share for the same quarter a year ago, representing nearly 23% growth compared to last year. "Excluding impacts of tax reform, this represents the sixth consecutive quarter of at least 20% growth in diluted earnings per share, compared to prior year quarters," said Darren Rebelez, President and Chief Executive Officer. Second quarter results were primarily driven by continued strong growth in fuel gross profit dollars, new store... More