CASY - Casey's sees FQ3 same-store inside sales in lower half of annual guidance of 5-7% growth
- Casey's General Stores ( NASDAQ: CASY ) on Tuesday issued an update for its fiscal Q3.
- "Third quarter to date performance remains consistent with our expectations for the full year," CASY said in a statement .
- The U.S. convenience store chain said same-store inside sales for FQ3 were in the lower half of its annual range of a 5-7% increase.
- Same-store fuel gallons for FQ3 were near the low end of CASY's annual range of a flat to 2% increase.
- The company said in FQ3 it had got a ~$15M one-time payment due to the resolution of certain legal matters.
- Excluding the one-time payment, CASY expects FQ3 total operating expense growth to be near the low end of its annual range of a 9-10% increase.
- Casey's ( CASY ) stock earlier closed +2.6% at $235.91.
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Casey's sees FQ3 same-store inside sales in lower half of annual guidance of 5-7% growth