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Apr 30
Casey's Q4 2025 Earnings Report
Casey's delivered strong Q4 results with growth in earnings and profitability driven by increased inside and fuel sales.
Key Takeaways
Casey’s posted solid fourth-quarter results with EPS up 12.4% and net income rising 13% year-over-year. The company benefited from strong inside sales, higher fuel gross profit, and record store expansion despite increased operating costs.
Casey's
Casey's
Casey's Revenue by Segment
Forward Guidance
Casey's expects moderate growth in EBITDA and inside sales for fiscal 2026, with continued investment in store expansion and operational efficiencies.
Positive Outlook
- EBITDA expected to grow 10% to 12%
- Inside same-store sales growth projected at 2% to 5%
- Inside margin expected to remain at ~41%
- Plan to open at least 80 new stores
- Three-year strategic plan target of 500 stores on track
Challenges Ahead
- Same-store fuel gallons could be flat or slightly negative (-1% to +1%)
- Operating expenses forecasted to rise 8% to 10%
- Higher depreciation and amortization of ~$450M expected
- Interest expense projected at ~$110M
- No share repurchases planned despite available authorization
Revenue & Expenses
Visualization of income flow from segment revenue to net income