Key Takeaways

• Casey's General Stores exceeded earnings and revenue forecasts on strong in-store and fuel sales.

• The convenience store operator also raised its dividend by 14%.

• Shares of Casey's General Stores traded at a record high following the report.

Shares of Casey's General Stores (CASY) traded at an all-time high Tuesday, a day after the operator of convenience stores posted better-than-expected results and raised its dividend on strong in-store and fuel sales.

The company reported fiscal 2025 fourth-quarter earnings per share (EPS) of $2.63, beating the average estimate of analysts surveyed by Visible Alpha by $0.67. Revenue grew 11% year-over-year to $3.99 billion, also ahead of forecasts.

Inside sales were up 12% to $1.41 billion, "driven by strong performance in bakery and hot and cold food in the prepared food and dispensed beverage category as well as non-alcoholic beverages." Fuel gallons sold jumped 18% to 818.6 million, mostly driven by the addition of new stores. Casey's added 246 locations from the year before, which made up 12% of the 14.5% increase in operating expenses (OpEx).

CEO Darren Rebelez said the company had "another record fiscal year as our team continued to execute on our three-year strategic plan."

Casey's Raises Quarterly Dividend by 14%

Casey’s board also approved an increase in the quarterly dividend to $0.57 per share from the previous $0.50.

For fiscal 2026, the company sees EBITDA 10% to 12% higher, with inside same-store sales to rise 2% to 5%. It anticipates same-store fuel gallons sold to range from negative 1% to positive 1%.

Casey's General Stores shares soared more than 15% Tuesday morning and have risen nearly 30% this year.

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