Description
Casey’s Goes All-In On Expansion — Can 120 New Stores Sustain Growth?
Casey’s General Stores reported strong financial results for fiscal year 2026, driven by growth in both fuel and inside store operations as well as strategic expansion efforts. The company achieved record diluted earnings per share of $19.16, a 31% increase year-over-year, and net income of $714 million, also up 31%. EBITDA reached nearly $1.5 billion, a 23% rise from the previous year, supported by a 10.2% increase in total inside sales and same-store inside sales growth of 4.2%. Prepared food and dispensed beverage sales posted a 10.2% increase, with same-store sales up 5.2%, while grocery and general merchandise sales were up 10.1% (same-store up 3.9%). Margin expansion was evident both inside stores and at the pump, with inside margins improving by 70 basis points to 42.2% and fuel margins averaging $0.426 per gallon, reflecting a 21% increase in fuel gross profit.
Our Report Structure:
⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures
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