Casey’s General Stores, Inc. (NASDAQ: CASY) Q4 2025 Earnings Call | 06/10/2025

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Key Highlights from Casey's General Stores Fiscal Year 2025 Earnings Call:

Record Financial Performance: Casey's reported a record year for diluted earnings per share ($14.64, up 9%), net income ($547 million), and EBITDA ($1.2 billion, up 13%).
Strong Sales Growth: Total inside sales increased by 10.9%, with same-store sales up 2.6%. Prepared food and dispensed beverage sales grew 10.3%. Fuel gross profit rose by 11%.
Strategic Growth: Fiscal year 2025 marked the largest store growth in the company's history, including the acquisition of 198 Sefco convenience stores.
Operational Efficiency: The company reduced same-store labor hours while improving guest and team member satisfaction.
Fiscal Year 2026 Outlook: Casey's anticipates EBITDA growth of 10-12%, inside same-store sales growth of 2-5%, and the opening of at least 80 new stores.
Capital Allocation: The company increased its dividend by 14% and plans to repurchase approximately $125 million in shares.
Fuel Margins: Fuel margins were strong in the fourth quarter, benefiting from effective pricing strategies and procurement capabilities. The integration of Sefco stores had a slight negative impact on fuel margins.
Inside Sales Performance: Non-alcoholic beverages and hot sandwiches performed well. The food innovation team is testing new menu items, such as a chicken wing and fry platform.
Operating Expenses: Operating expenses increased due to unit growth and integration costs related to the Fikes acquisition.
Consumer Behavior: Consumers are generally maintaining their spending habits, with both higher and lower-income groups visiting stores.
Acquisition Impact: The Fikes acquisition is expected to be accretive to EBITDA but dilutive to earnings per share in fiscal year 2026. Synergies are being realized in fuel pricing and overhead rationalization.
Future Strategy: Casey's will continue to focus on its three-year strategic plan, emphasizing food business growth, unit expansion, and operational efficiency.

About this video

Casey’s General Stores, Inc. (NASDAQ: CASY) reported Q4 2025 results on June 10, 2025, surpassing Wall Street expectations with earnings per share of $2.63 on revenue of $3.99 billion. This performance beat analyst forecasts of $1.92 EPS and $3.93 billion in revenue, driven by a 1.7% year-over-year increase in same-store sales and a 10.8% rise in total sales, fueled by new store openings and the acquisition of Fikes Wholesale. The company achieved a 12.4% increase in EPS year-over-year, with Q4 net income rising to $98.3 million and EBITDA up 20.1% to $263 million. Inside sales jumped 12% to $1.41 billion, with strong results in bakery, prepared foods, and beverages. Fuel sales also soared, with gallons sold up 18% to 818.6 million, reflecting the addition of 246 new stores. Despite a 14.5% rise in operating expenses due to expansion, Casey’s announced a 14% increase in its quarterly dividend to $0.57 per share, marking the 20th consecutive year of dividend growth. For the full fiscal year 2025, Casey’s delivered record net income of $546.5 million and EBITDA of $1.2 billion, constructing or acquiring 270 stores and closing the year with 2,904 locations. The company’s balance sheet remains strong, with $1.2 billion in available liquidity. Looking ahead, Casey’s projects EBITDA growth of 10–12% for fiscal 2026, inside same-store sales growth of 2–5%, and plans to open at least 80 new stores. Outlook: FY2026: EBITDA growth guidance of 10–12% Inside same-store sales expected to rise 2–5% At least 80 new store openings planned Continued focus on margin expansion, capital returns, and strategic acquisitions About Inside Ticker: For more expert analysis and real-time updates on Casey’s General Stores, Inc. (NASDAQ: CASY) and other market movers, follow Inside Ticker and visit InsideTicker.com for in-depth reports, financial insights, and the latest news on leading companies. #Caseys #CASY #EarningsCall #Q42025 #RecordRevenue #DividendIncrease #Expansion #ConvenienceStores #RetailGrowth #Investing #InsideTicker

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