Casey's Q4 2020 Earnings Report
Key Takeaways
Casey's General Stores reported a strong fourth quarter with diluted earnings per share of $1.67, significantly higher than the previous year's $0.68. The company's performance was boosted by unprecedented fuel margins, although same-store sales were impacted by COVID-19 related traffic declines.
Diluted earnings per share for the fourth quarter was $1.67, compared to $0.68 in the same period last year.
Fuel margin averaged 40.8 cents per gallon, a significant increase from 18.6 cents per gallon in the prior year.
Same-store gallons sold decreased by 14.7% due to shelter-in-place restrictions.
Grocery and other merchandise same-store sales decreased by 2.0%, while prepared food and fountain same-store sales decreased by 13.5%.
Casey's
Casey's
Casey's Revenue by Segment
Forward Guidance
Due to the continued uncertainty of COVID-19, guidance for the fiscal year ending April 30, 2021 will not be provided at this time and will be reevaluated as conditions warrant.
Revenue & Expenses
Visualization of income flow from segment revenue to net income