From Financial Modeling Prep: 2025-03-12 12:33:00

Casey’s General Stores (NASDAQ:CASY) impresses with a strong Q3 performance, beating estimates. Earnings per share hit $2.33, above the expected $2.03. Total revenue of $3.9 billion exceeded forecasts of $3.76 billion, driving the stock up 6%.

In-store sales boost Casey’s success, up 3.7% YoY, driven by food and beverage demand. Fuel sales also rise, with same-store gallons sold up 1.8% from last year.

Casey’s experiences growth in all segments, with in-store sales up 15.3% to $1.4 billion and total fuel volume jumping 20.4% to 829.8 million gallons, driven by acquisitions like Fikes.

The company updates fiscal 2025 guidance, expecting an 11% increase in EBITDA. Same-store sales projections remain steady, with inside sales forecasted to grow 3-5% and fuel gallon sales fluctuating between -1% and +1%.



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