Casey`s General Stores Inc
Q4 2026 Earnings
Market Reaction
S&P 500 over the same 30 days: +3.64%.
Did CASY Beat Earnings? Q4 2026 Results
Casey's General Stores closed out its fiscal year 2026 on a high note, posting Q4 diluted EPS of $4.37, a 66.2% jump year-over-year, as the convenience store operator extended its beat streak to four consecutive quarters. Revenue reached $4.57 billion for the period, with <a href="https://247wallst.com/investing/2026/06/09/live-will-caseys-crush-q4-earnings-tonight-after-the-bell/">investors closely watching</a> whether the company could sustain its momentum entering the print. The single biggest driver of the quarter's strength was the inside business, where same-store sales climbed 5.5% and margins expanded roughly 120 basis points to 42.4%, powered by prepared food, including whole pizzas and appetizers, alongside non-alcoholic beverages. Fuel operations added further lift, with total fuel gross profit rising 29.1% on higher gallons and a margin of 46.9 cents per gallon. Looking ahead, Casey's guided for fiscal 2027 EBITDA growth of 8% to 10%, inside same-store sales gains of 2% to 5%, and plans to open at least 120 new stores, signaling continued confidence in its growth trajectory.
- Inside same-store sales up 5.5% driven by strong performance in whole pizzas, appetizers and sides, and non-alcoholic beverages
- Inside margin expanded approximately 120 basis points to 42.4% from cost of goods management, improved waste, and mix shift
- Fuel gross profit increased 29.1% from higher gallons sold and expanded fuel margin of 46.9 cents per gallon
- Renewable fuel credits (RINs) of $15.2 million in the quarter, up $10.8 million year-over-year
- Operating 40 more stores than the prior year contributed approximately 2% of operating expense growth
- Sauced wings program expanded to nearly 850 stores
- Casey's Rewards loyalty program grew to nearly 10.5 million members
“Casey's delivered another record fiscal year as our team closed out the three-year strategic plan on an extremely high note, reaching $714 million of net income and nearly $1.5 billion in EBITDA.”
Casey's General Stores CEO, on the earnings call
Forward Guidance & Outlook
For fiscal 2027, Casey's expects inside same-store sales to increase 2% to 5% with an inside margin above 42%. Same-store fuel gallons sold are expected to range from negative 1% to positive 1%. Total operating expenses are expected to increase approximately 5% to 7%. EBITDA is expected to increase 8% to 10%, implying 35% growth on a two-year stack basis at the midpoint. The company plans to open at least 120 stores through a mix of M&A and new store construction. Net interest expense is expected to be approximately $95 million, depreciation and amortization approximately $490 million, and purchase of property and equipment approximately $800 million. The tax rate is expected to be approximately 24% to 26%.
CASY YoY Financials
CASY Revenue by Segment
Figures from SEC filings and company reports. Not investment advice.