EL7.AI
StocksMediumUpdated×2•Originally published 8 September 2026•Updated 9 September 2026•
2 min read

Casey's Revenue Rises 24.3% as Same-Store Sales Growth Slows to 3.2%

Key Facts

1Inside same-store sales growth slowed to 3.2% from 4.3%.
2Revenue rose 24.3% to $5.68 billion.
3Net income rose 27.1% to $273.7 million, while EBITDA increased 17.1% to $485.1 million.
4The company retained its fiscal 2027 EBITDA growth outlook of 8% to 10%.

Casey's General Stores reported fiscal first-quarter 2027 results on September 8 for the three months ended July 31, 2026. Revenue rose 24.3% to $5.68 billion from $4.57 billion a year earlier.

Diluted earnings per share reached $7.37, up 27.7% from a year earlier. Net income increased 27.1% to $273.7 million, while EBITDA rose 17.1% to $485.1 million.

Inside same-store sales growth nevertheless slowed to 3.2% from 4.3% in the year-earlier quarter. The measure tracks established locations, helping separate organic demand from growth generated by newly added stores.

Total inside sales rose 5.6% to about $1.78 billion. Prepared food and dispensed beverage same-store sales increased 4.8%, while grocery and general merchandise rose 2.7%. Inside margin improved to 42.2% from 41.9%, and inside gross profit increased 6.3% to $749.8 million.

In fuel, same-store gallons sold declined 0.3%, but fuel margin increased to 47.8 cents per gallon from 41.0 cents, lifting total fuel gross profit 19.6% to $446.9 million. Operating expenses, meanwhile, rose 8.0% to $754.1 million.

Casey's left its fiscal 2027 outlook unchanged: inside same-store sales growth of 2% to 5%, inside margin above 42%, and same-store fuel gallons between a 1% decline and a 1% increase. It also expects EBITDA growth of 8% to 10% and plans to open at least 120 stores.

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