Casey's General Stores Hits Record Highs In Q3 FY24 With Impressive Inside And Fuel Sales Performance
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 12 2025
0mins
Should l Buy CASY?
Source: Benzinga
Financial Performance: Casey's General Stores reported a strong third-quarter FY24, with revenue of $3.90 billion surpassing expectations, same-store sales up 3.7% year-over-year, and EBITDA increasing by 11.4%. The company also announced a quarterly dividend of $0.50 per share.
Future Outlook: The company anticipates an 11% increase in EBITDA for FY25, plans to add approximately 270 stores, and projects same-store inside sales growth of 3% to 5%, while fuel gallon sales may fluctuate between a decline of 1% to an increase of 1%.
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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: 858.140
Low
530.00
Averages
609.33
High
700.00
Current: 858.140
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 self-service fuel, a wide selection of grocery items and an array of freshly prepared food items. All convenience stores carry a selection of food items (which at most stores include 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 in-store, including e-cigarettes and vapor, chewing tobacco, nicotine pouches, and rolling papers and accessories. Its card services include Casey's Gift Cards, Casey's Visa Signature Card, and Casey's Business Mastercard & Casey's Business Advantage Card.
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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- Expert Insights: In the latest Motley Fool Scoreboard episode, analysts delve into the market dynamics surrounding Casey's General Stores, providing valuable insights into investment opportunities that help investors better navigate market trends.
- Rich Video Content: The video, published on April 30, 2026, covers various market trends related to Casey's General Stores, aiming to provide investors with comprehensive market analysis and future outlooks.
- Investor Focus: As interest in the convenience store sector rises, Casey's General Stores, as an industry leader, will be a key reference point for investor decisions, especially in the context of economic recovery.
See More
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See More
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- Widespread Technology Deployment: Casey's has deployed SoundHound's AI ordering agents across more than 2,600 locations, ensuring that guests can place orders quickly and easily, thereby improving operational efficiency and reducing employee interruptions.
- Peak Time Optimization: With AI technology, Casey's can handle pizza order calls during peak meal times, reducing missed orders and long hold times, ensuring guests can place orders quickly and accurately, which enhances customer satisfaction.
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