CASY - Why Casey's General Stores Shares Are Shooting Higher Today | Benzinga
Casey’s General Stores Inc (NASDAQ: CASY) reported a first-quarter FY24 sales decline of 13.2% year-on-year to $3.87 billion, missing the analyst consensus of $3.89 billion.
Inside same-store sales increased 5.4%. Inside gross profit rose 10.3% Y/Y to $556.4 million.
Fuel gallons increased 0.4% on a same-store basis. Total fuel gross profit decreased 3.6% to $297 million.
Operating expenses rose 3.2% Y/Y to $560.8 million.
Casey’s ...