CASY Stock Recent News

Casey's General Stores, Inc. CASY reported better-than-expected quarterly financial results after the closing bell on Tuesday.

The technical action in Casey's General Stores NASDAQ: CASY is robust and has the market up 200% from the lows set in 2022. The rally is driven by growth, improving fundamentals, and a reinvigorated market position that is only improving.

The company reported a robust fiscal fourth-quarter results and a dividend raise. Barron's readers already knew to expect good news—and the CEO of the convenience store operator sees more to come.

Casey's General Stores, Inc. shares are surging due to strong financial results and a positive outlook for 2025. The company reported 8% revenue growth, with fuel and inside store sales both showing positive trends. Despite expensive valuation, Casey's is expanding into new markets and expects EBITDA and EPS growth in fiscal year 2025.

Shares of Casey's General Stores (CASY) surged to a new all-time high Wednesday, a day after the operator of convenience stores and gas stations blew away forecasts, gave strong guidance, and increased its dividend on higher food and drink sales.

Casey's General Stores Inc. (NASDAQ:CASY ) Q4 2024 Earnings Conference Call June 12, 2024 8:30 AM ET Company Participants Darren Rebelez - President, Chief Executive Officer Steve Bramlage - Chief Financial Officer Brian Johnson - Senior Vice President, Investor Relations and Business Development Conference Call Participants Michael Montani - Evercore ISI Bobby Griffin - Raymond James Anthony Bonadio - Wells Fargo Krisztina Katai - Deutsche Bank Kelly Bania - BMO Capital Markets Chuck Cerankosky - Northcoast Research Corey Tarlowe - Jefferies John Royall - JP Morgan Irene Nattel - RBC Capital Markets John Lawrence - Benchmark Bonnie Herzog - Goldman Sachs Operator Good day and thank you for standing by. Welcome to the Q4 fiscal year 2024 Casey's General Stores earnings conference call.

Casey's CEO Darren Rebelez joins 'Squawk on the Street' to discuss what he sees from the consumer, to what degree gas prices are a tailwind, and much more.

Investors had low profit expectations for Casey's -- expectations the company absolutely smashed with its latest report. Sales are soaring for its menu items, leading to surprisingly strong profits.

Casey's (CASY) fourth-quarter results reflect strength in grocery and general merchandise as well as food and dispensed beverage categories.

U.S. stocks were higher, with the Nasdaq Composite gaining over 250 points on Wednesday.