Casey's General Stores(NASDAQ) CASY

Casey's helps people in small towns get gas and fresh food quickly. The stores are famous for handmade pizza and everyday grocery items. This makes life easier for neighbors who live far from big cities.

From the Kitchen to the Pump

• Retail Fuel: Gasoline and diesel sales at nearly all locations; accounts for 60.4% of total revenue.
• Inside Store Items: Fresh pizza, snacks, and household goods; accounts for 36% of total revenue.
• Convenience Services: Car washes at 241 locations and electric vehicle charging at 64 stores.

Expanding the Footprint

• Acquired Fikes Wholesale and Group Petroleum Services, owners of CEFCO convenience stores, in fiscal 2025.
• Built or acquired 504 additional stores during the three-year period ending April 30, 2026.
• Introduced bone-in and boneless chicken wings to approximately 850 stores by the end of fiscal 2026.
• Grew the Casey's Rewards program to over 10 million members by April 30, 2026.

The Small Town Advantage

Casey's owns most of its real estate and manages a private distribution fleet of over 500 tractors. By placing 71% of stores in towns with fewer than 20,000 residents, it serves many areas that lack other national convenience chains.

Checking the Scoreboard

• Total revenue was $17.6 billion in fiscal 2026, up 10.2% year-over-year.
• Net income reached $714 million in fiscal 2026, up 30.7% year-over-year.
• EBITDA—earnings before interest, taxes, depreciation, and amortization—rose 23.6% to $1.5 billion in fiscal 2026.
• Diluted earnings per share reached $19.16 in fiscal 2026, up 30.9% year-over-year.
• Operating expenses grew 11.2% to $2.8 billion in fiscal 2026.

Bottom Line

Casey's has evolved into a food-focused retailer with a large digital presence and over 10 million loyalty members. Its focus on rural locations and on-site kitchens provides a stable foundation for its regional business model.