Casey's Comments on Letter from JCP Shareholder Group

Ankeny, IA - Casey's General Stores, Inc. (Nasdaq symbol CASY) today issued the following statement regarding a letter to Casey's shareholders publicly released earlier today by JCP Investment Management, LLC, BLR Partners LP and Joshua E. Schechter, who collectively own approximately 1% of Casey's outstanding shares.

Read More

Q2 2018 Earnings Release and Webcast

Ankeny, IA - Casey's General Stores, Inc. (Nasdaq symbol CASY) today reported diluted earnings per share of $1.28 for the second quarter of fiscal 2018 ended October 31, 2017, compared to $1.44 per share for the same quarter a year ago. "The Company surpassed the 2,000 store milestone and now has 200 new-store sites either under agreement or under construction at the end of the quarter, including its first store in the state of Michigan," said Terry Handley, President and Chief Executive Officer. "In addition, we recently began the consultation phase of our digital engagement and price optimization projects. We continue to make investments to enhance ongoing operations and support our long-term vision to create shareholder value."

Webcast GraphicQ2 2018 Earnings Webcast

Read More

Q1 2018 Earnings Release and Webcast

Ankeny, IA - Casey's General Stores, Inc. (Nasdaq symbol CASY) today reported diluted earnings per share of $1.46 for the first quarter of fiscal 2018 ended July 31, 2017, compared to $1.70 per share for the same quarter a year ago. Changes in vesting provisions that accelerated expense in the current grant awards under the long-term stock incentive plan, combined with increases to Illinois state tax rates lowered diluted earnings by $0.17 per share. "Expansion activity for new store construction continues to increase as there are now 179 sites either under construction or under agreement," said Terry Handley, President and CEO. "We are well positioned to sustain a higher level of unit growth in fiscal 2018 and beyond."

Webcast GraphicQ1 2018 Earnings Webcast

Read More

Q4 2017 Earnings Release and Webcast

Ankeny, IA - Casey's General Stores, Inc. (Nasdaq symbol CASY) today reported diluted earnings per share of $0.76 for the fourth quarter of its fiscal year ending April 30, 2017 compared to $1.19 for the same period a year ago. For the year, diluted earnings per share were $4.48 versus $5.73 for the same period last year. "Despite a challenging operating environment, fiscal 2017 marked the 16th consecutive year of positive same-store sales growth in both the grocery and other merchandise and prepared food and fountain categories," said Terry Handley, President and CEO. "We also recently opened our first store in the state of Ohio, and now have 116 sites under agreement for new store construction.  We are optimistic about our growth opportunities."

Webcast GraphicQ4 2017 Earnings Webcast

Read More

Casey's General Stores to Offer E15 and E85; Expand Availability to Rural America

Ankeny, IA - Today, Casey's General Stores, Inc., a Midwest convenience store chain, announced it will expand consumer choice by offering higher ethanol blends of E15 and E85 at 17 sites in Illinois, Iowa, and Kansas. E15 is a fuel that contains 15 percent ethanol and works well for any car 2001 and newer. E85 contains up to 83 percent ethanol and is a choice for flex-fuel vehicle owners.

Read More

Q3 2017 Earnings Release and Webcast

Ankeny, IA - Casey's General Stores, Inc. (Nasdaq symbol CASY) today reported diluted earnings per share of $0.58 for the third quarter of fiscal 2017 ended January 31, 2017, compared to $0.97 per share for the same quarter a year ago. Year to date, diluted earnings per share were $3.72 versus $4.54 a year ago. "Although pressures in our operating area persisted throughout the quarter, the Company continues to be an industry leader in same-store sales growth," stated Terry Handley, President and CEO. "As a demonstration of our commitment to creating shareholder value, the Board of Directors authorized a new share repurchase program of up to an aggregate of $300 million of the Company's outstanding common stock. We are excited about implementing the share repurchase program while at the same time accelerating future store growth."

Webcast GraphicQ3 2017 Earnings Webcast

Read More

Q2 2017 Earnings Release and Webcast

Ankeny, IA - Casey's General Stores, Inc. (Nasdaq symbol CASY) today reported diluted earnings per share of $1.44 for the second quarter of fiscal 2017 ended October 31, 2016, compared to $2.00 per share for the same quarter a year ago. Year to date, diluted earnings per share were $3.14 versus $3.57 a year ago. "The second quarter fuel margin was 6.1 cents per gallon lower than the 24.7 cents per gallon record quarterly fuel margin from a year ago, which impacted the second quarter diluted earnings by approximately $0.52 per share," said Terry Handley, President and CEO. "For the second quarter, gross profit dollars excluding fuel were up 7.5% and total fuel gallons sold increased 7.1%. Given the ongoing challenges in the broader convenience and food service industries, we are pleased with the performance of our stores. In addition, we are well-positioned for future expansion as the number of sites under contract for new-store construction has grown to 84, which is nearly double from a year ago."

Webcast GraphicThis webcast has expired.

Read More

Q1 2017 Earnings Release and Webcast

Ankeny, IA - Casey's General Stores, Inc. (Nasdaq symbol CASY) today reported diluted earnings per share of $1.70 for the first quarter of fiscal 2017 ended July 31, 2016, compared to $1.57 per share for the same quarter a year ago. “Fuel gross profit dollars increased 19.1% for the quarter as both same-store gallons and margin exceeded goal,” stated Terry Handley, President and CEO. "We were pleased with the performance inside our stores as gross profit dollars excluding fuel increased 6.7%, despite the recent weaknesses reported in the broader convenience and food service industries."

Webcast GraphicThis webcast has expired.

Read More

Q4 2016 Earnings Release and Webcast

Ankeny, IA - Casey's General Stores, Inc. (Nasdaq symbol CASY) today reported diluted earnings per share of $1.19 for the fourth quarter of fiscal year ended April 30, 2016 compared to $1.05 for the same period a year ago. For the year, diluted earnings per share grew 24% to $5.73 versus $4.62 for the same period last year. "Fiscal 2016 was an exciting year for Casey's. We successfully opened our second distribution center in Terre Haute, Indiana, and launched our mobile app in conjunction with rolling out on-line ordering across all our stores," said Terry Handley, President and CEO. "Total gross profit was up over 12% for the year and the Company is positioned well for continued strong performance in fiscal 2017."

Webcast GraphicThis webcast has expired.

Read More

Q3 2016 Earnings Release and Webcast

Ankeny, IA - Casey's General Stores, Inc. (Nasdaq symbol CASY) today reported diluted earnings per share of $0.97 for the third quarter of fiscal 2016 ended January 31, 2016, compared to $1.01 per share for the same quarter a year ago. Year to date, diluted earnings per share were $4.54 versus $3.57 a year ago. "Total inside gross profit was up over 13% in the third quarter, driven primarily by improved margin performance in our prepared food category," stated Chairman and CEO Robert J. Myers. "Our fuel margin per gallon was above our annual goal but still below prior year's strong results, which impacted diluted earnings per share by approximately 30 cents compared to prior year's third quarter."

Webcast GraphicThis webcast has expired.

Read More
Previous
of 3
Showing 1-10 of 25