Casey's General Stores reported first-quarter fiscal 2027 earnings of $7.37 per share, up 27.7% year over year and ahead of the Zacks Consensus Estimate of $6.60, while revenues rose 24.3% to $5,678.3 million and beat the $5,624 million consensus mark. Inside same-store sales rose 3.2% and total inside sales increased 5.6% to $1,777.5 million, with prepared food and dispensed beverage same-store sales up 4.8% on positive traffic led by whole pizzas, lifting inside gross profit 6.3% to $749.8 million and expanding inside margin about 30 basis points to 42.2%. Total fuel gallons sold increased 2.5% to 934.2 million gallons even as same-store gallons slipped 0.3%, and fuel gross profit climbed 19.6% to $446.9 million as fuel margin excluding credit card fees widened to 47.8 cents per gallon from 41 cents a year earlier. Net income advanced 27.1% to $273.7 million and EBITDA rose 17.1% to $485.1 million, though operating expenses increased 8% to $754.1 million. The company ended the quarter with 2,959 stores, repurchased about $45.6 million of shares with roughly $973 million remaining under its authorization, and approved a quarterly dividend of 65 cents per share payable on Nov. 13, 2026, while keeping its fiscal 2027 outlook unchanged and targeting at least 400 additional stores and roughly $2 billion of free cash flow under a new three-year plan.
Caseys General Stores IncQ1 EPS of $7.37 beat the $6.60 consensus and net income rose 27.1% on 24.3% revenue growth.
