Casey's Reports Strong Earnings, Stock Surges 15.6%
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 10 2026
0mins
Source: Fool
- Strong Earnings Report: Casey's reported a Q4 fiscal 2026 EPS of $4.37, surpassing analyst expectations of $3.31, with nearly $4.6 billion in sales, indicating a significant enhancement in profitability.
- Same-Store Sales Growth: The company's same-store sales increased by 5.5% excluding fuel, while fuel sales volume rose by 1.5%, demonstrating robust performance in core operations and driving a 66.2% year-over-year profit increase.
- Annual Performance Review: For fiscal 2026, Casey's achieved a 10.7% sales growth and a 30.9% increase in EPS to $19.16, reflecting the company's sustained competitiveness, particularly with accelerated sales in the final quarter.
- Cautious Future Outlook: Despite strong performance in fiscal 2026, Casey's anticipates same-store sales growth of only 2% to 5% for fiscal 2027, with analysts projecting a revenue growth slowdown to 9%, which could impact future profitability amid fluctuating gas prices.
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Analyst Views on CASY
Wall Street analysts forecast CASY stock price to fall
10 Analyst Rating
6 Buy
4 Hold
0 Sell
Moderate Buy
Current: 850.850
Low
530.00
Averages
609.33
High
700.00
Current: 850.850
Low
530.00
Averages
609.33
High
700.00
About CASY
Casey's General Stores, Inc. and its subsidiaries operate approximately 2,900 convenience stores in 19 states. It offers freshly prepared foods such as regular and breakfast pizza, donuts, hot breakfast items, and hot and cold sandwiches), beverages, tobacco and nicotine products, groceries, health and beauty aids, automotive products, and other non-food items. It offers a range of fuels, including E-10 gasoline, High Octane gasoline, Biodiesel, Winterized diesel, and Ethanol-free gasoline. It sells a range of tobacco products, including cigarettes, E- cigarettes and vapor, chewing tobacco nicotine pouches, and rolling paper and accessories. Its subsidiaries operate convenience stores primarily under the names Casey's and Casey's General Store. The Company also operates stores under additional brands such as GoodStop or CEFCO. These locations offer fuel for sale, and a broad selection of snacks, beverages, tobacco products, and other essentials.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Travel Demand Impact: Carnival is set to report earnings before the bell on Monday, which Cramer believes will reveal the effects of the Iran war on travel and the implications of recent fuel price declines on demand, although he favors Viking Holdings for its upscale customer base and pricing power.
- Housing Market Focus: Cramer notes that KB Home's earnings report will provide insights into the impact of elevated interest rates on housing demand, stating that the housing market feels 'dead in the water' and deserves more attention from central bankers.
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- Housing Market Insight: Cramer notes that KB Home's earnings report will reveal the impact of elevated interest rates on housing demand, as the current housing market appears stagnant and requires more attention from central bankers.
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- Ross Attracts Value Seekers: As an off-price retailer, Ross Stores successfully draws in value-seeking consumers with discounted brand-name merchandise and a unique shopping experience, maintaining healthy profitability despite inflationary pressures.
- Dillard's Steady Growth: Dillard's has consistently achieved strong margins and impressive free cash flow through disciplined inventory management and expense controls, leveraging its financial strength to reward shareholders, showcasing its advantages in a competitive retail landscape.
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- Investor Day Announcement: Casey's General Stores (CASY) will hold its 2026 Investor Day in New York City on June 24, where it will unveil its new three-year strategic plan, likely boosting investor interest and market confidence.
- Sales and Profit Surge: Driven by rising fuel prices and increased in-store sales, Casey's reported double-digit gains in both sales and profits for Q4 FY2023, with same-store sales up 5.5%, enhancing inside margins by 120 basis points, showcasing robust operational performance.
- Fuel Profit Growth: The company's total fuel gross profit surged 29.1% year-over-year, primarily due to increased gallons sold and improved fuel margins, further solidifying its competitive position in the market.
- Future Growth Outlook: Analyst Corey Tarlowe is bullish on Casey's, noting that unit growth opportunities and ongoing initiatives to enhance its prepared food business should drive performance higher, with projected EBITDA growth of 8%-10% for FY2027 and plans for at least 120 new store openings.
See More
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- Event Format: The event will feature presentations and a Q&A session with Casey's leadership team; while in-person attendance is by invitation only, all interested parties can register to access the live webcast, reflecting the company's commitment to transparency and investor communication.
- Schedule Details: Scheduled to begin at 9:30 a.m. EDT and conclude at 1:30 p.m. EDT, the event allows ample time for in-depth discussions and interactions, aiming to bolster investor confidence in the company's future direction.
- Information Access: Following the event, the webcast and presentation slides will be available on the Investor Relations page for twelve months, ensuring that investors who cannot attend can still access key information, further promoting information dissemination and investor engagement.
See More
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- IPO Market Dynamics: So far in 2023, 71 companies have gone public, raising nearly $36 billion, indicating strong demand for emerging enterprises, and SpaceX's IPO is likely to intensify this trend, attracting more investor interest in the tech sector.
- ARK Fund Performance: The ARK Venture Fund holds approximately 11% of SpaceX, with a 4% increase over the past month and over 70% year-to-date, reflecting strong market confidence in SpaceX's growth potential, which may attract more institutional investors.
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