1147 ET - Casey's General Stores is seeing generally strong performance across all of the income cohorts of its customers, though the lower-income group is shopping less than the others, CEO Darren Rebelez says on a call with analysts. That income group consists of households making less than $50,000 a year, who are "still shopping in the stores and still buying at a fairly healthy clip, just not as much as the other income cohorts," the CEO says. Within that cohort, Casey's is seeing a lot of strength from its prepared foods business, likely because of the value proposition for the quantity and quality of food customers can get, Rebelez says. On the flip side, the category most pressured by lower-income weakness is cigarettes, the CEO says. (dean.seal@wsj.com)

(END) Dow Jones Newswires

September 09, 2025 11:47 ET (15:47 GMT)

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