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."
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