secwatch.observer — SEC 8-K summary
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Issuer:     CASEYS GENERAL STORES INC (CASY)
CIK:        0000726958
Form:       8-K
Filed at:   2023-06-06T23:59:59+00:00
Accession:  0000726958-23-000043
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 1.02, 2.02, 2.03, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/726958/000072695823000043/0000726958-23-000043-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/726958/000072695823000043/casy-20230531.htm
  HTML page:      https://secwatch.observer/filing/0000726958-23-000043

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