Jefferies Remains Sidelined on Casey's General Stores (CASY) Following 1Q Report
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Casey's Posts Record First Quarter Earnings
September 6, 2016 4:15 PM EDTANKENY, Iowa--(BUSINESS WIRE)-- Caseys General Stores, Inc. (Nasdaq symbol CASY) today reported diluted earnings per share of $1.70 for the first quarter of fiscal 2017 ended July 31, 2016, compared to $1.57 per share for the same quarter a year ago. Fuel gross profit dollars increased 19.1% for the quarter as both same-store gallons and margin exceeded goal, stated Terry Handley, President and CEO. "We were pleased with the performance inside our stores as gross profit dollars excluding fuel increased 6.7%, despite the recent weaknesses reported in the broader convenience and food service industries."
Fuel - The Company's annual goal for fiscal... More
