Casey's General Stores Reports 19.5% Increase in Net Income to $215.4M, Driven by Higher Profitability in Store and Fuel Sales

Reuters
Sep 09
Casey's General Stores Reports 19.5% Increase in Net Income to $215.4M, Driven by Higher Profitability in Store and Fuel Sales

Casey's General Stores Inc. has reported a notable increase in its net income for the quarter ending July 31, 2025. Net income rose by $35.2 million, or 19.5%, reaching $215.4 million compared to $180.2 million in the same period the previous year. This increase was primarily driven by higher profitability both inside the store and in fuel, although it was partially offset by rises in operating expenses, depreciation and amortization, and interest expense. Reported sales figures showed a positive trend, with same-store sales of prepared food and dispensed beverages increasing by 5.6%, driven by strong sales of whole pizzas and bakery items. Grocery and general merchandise same-store sales also saw a rise of 3.8%, primarily due to non-alcoholic beverages. Additionally, there was a 1.7% increase in same-store fuel gallons sold. In terms of revenue, grocery and general merchandise revenue less related cost of goods sold increased to 35.9% of grocery and general merchandise revenue, up from 35.4% in the comparable period the previous year. Fuel revenue less related cost of goods sold rose to 13.7% of fuel revenue, compared to 12.3% a year earlier. The company continues to focus on integrating acquisitions, with the acquisition of Fikes contributing to changes in prepared food and dispensed beverage revenue less related cost of goods sold, which decreased to 58.0% from 58.3% in the prior year. Casey's General Stores Inc. remains committed to its growth strategy and operational objectives for the foreseeable future.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Casey's General Stores Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000726958-25-000101), on September 08, 2025, and is solely responsible for the information contained therein.

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