earnings
confidence high
sentiment positive
materiality 0.70
Casey's Q1 EPS $4.09 +28% YoY; fuel margin 44.7c/gal drives profit growth
CASEYS GENERAL STORES INC
2023-Q1 EPS reported
$4.09
revenue$4,454,644,000
- Diluted EPS $4.09 vs $3.19; net income $152.9M, up 28.3% from $119.2M.
- Inside same-store sales +6.3%; prepared food/drinks +8.4%, grocery +5.5%.
- Fuel margin 44.7¢/gal (up from 35.1¢); same-store gallons -2.3% on high prices.
- Operating expenses +13.4%, but same-store ex-credit card fees only +2.6%.
- Quarterly dividend $0.38/share payable Nov 15 to holders of record Nov 1.