---
schema_version: "secwatch.filing_event.v1"
accession: "0000726958-23-000043"
form_type: "8-K"
ticker: "CASY"
cik: "0000726958"
company_name: "CASEYS GENERAL STORES INC"
filed_at: "2023-06-06T23:59:59+00:00"
generated_at: "2026-06-14T06:57:34.055603+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Casey's Q4 EPS $1.49 (down 7% YoY); full year EPS $11.91 (+31%); raises dividend 13% to $0.43

## Summary
- Q4 diluted EPS $1.49 vs $1.60 a year ago; inside same-store sales +6.5%, fuel gallons flat.
- Full year FY2023 diluted EPS $11.91 (+30.9%); net income $446.7M (+31.5%); adjusted EBITDA $959.3M (+19.9%).
- Board increased quarterly dividend 13% to $0.43 per share; 24th consecutive annual increase; payable Aug 15, record Aug 1.
- FY2024 outlook: inside same-store sales +3-5%, inside margin ~40-41%, ~110 new stores, capex $500-550M.
- Renewed and increased unsecured line of credit to $50M with UMB Bank; initial rate 5.850%, payable on demand.

## SEC filing metadata
- accession: 0000726958-23-000043
- form_type: 8-K
- ticker: CASY
- cik: 0000726958
- company_name: CASEYS GENERAL STORES INC
- filed_at: 2023-06-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 1.02, 2.02, 2.03, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/726958/000072695823000043/0000726958-23-000043-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/726958/000072695823000043/casy-20230531.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000726958-23-000043
- JSON: https://secwatch.observer/filing/0000726958-23-000043.json
- Plain text: https://secwatch.observer/filing/0000726958-23-000043.txt

## Key facts
- Debt Financings
  CASEYS GENERAL STORES INC incurred loan of $50 million with UMB Bank, n.a. at variable rate based on the federal funds effective rate, plus an applicable marg maturing upon UMB's demand.
  - Instrument: loan
  - Principal: $50 million
  - Counterparty: UMB Bank, n.a.
  - Rate: variable rate based on the federal funds effective rate, plus an applicable marg
  - Maturity: upon UMB's demand
  - Event: incurrence
  source text: On June 1, 2023, the Company executed and delivered to UMB Bank, n.a. (“UMB”) a promissory note in the principal amount of $50 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/726958/000072695823000043/0000726958-23-000043-index.htm
- Earnings Releases
  CASEYS GENERAL STORES INC reported Three months ended April 30, 2023 results: net income $56,092, EPS $1.49.
  - Period: Three months ended April 30, 2023
  - Net income: $56,092
  - EPS: $1.49
  - Result: reported results
  source text: Net income (in thousands) $ 56,092 $ 59,777 $ 446,691 $ 339,790 Diluted earnings per share $ 1.49 $ 1.60 $ 11.91 $ 9.10
  evidence_url: https://www.sec.gov/Archives/edgar/data/726958/000072695823000043/0000726958-23-000043-index.htm
- Earnings Releases
  CASEYS GENERAL STORES INC reported Twelve months ended April 30, 2023 results: net income $446,691, EPS $11.91.
  - Period: Twelve months ended April 30, 2023
  - Net income: $446,691
  - EPS: $11.91
  - Result: reported results
  source text: Net income (in thousands) $ 56,092 $ 59,777 $ 446,691 $ 339,790 Diluted earnings per share $ 1.49 $ 1.60 $ 11.91 $ 9.10
  evidence_url: https://www.sec.gov/Archives/edgar/data/726958/000072695823000043/0000726958-23-000043-index.htm
- Material Agreements
  CASEYS GENERAL STORES INC entered into Note with UMB Bank, n.a. valued at $50 million (effective 2023-06-01).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: UMB Bank, n.a.
  - Value: $50 million
  - Effective: 2023-06-01
  source text: On June 1, 2023, the Company executed and delivered to UMB Bank, n.a. (“UMB”) a promissory note in the principal amount of $50 million (the “Note”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/726958/000072695823000043/0000726958-23-000043-index.htm
- Material Agreements
  CASEYS GENERAL STORES INC terminated Prior Note with UMB Bank, n.a. valued at $25 million (effective 2023-06-01).
  - Action: termination
  - Agreement: credit facility
  - Counterparty: UMB Bank, n.a.
  - Value: $25 million
  - Effective: 2023-06-01
  source text: evidenced by a prior promissory note dated April 27, 2018 in the principal amount of $25 million, which promissory note is being concurrently terminated [the “Prior Note”])
  evidence_url: https://www.sec.gov/Archives/edgar/data/726958/000072695823000043/0000726958-23-000043-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.