Casey's General Stores, Inc. Reports Earnings Results for the Fourth Quarter Ended April 30, 2021
June 08, 2021 at 05:04 pm EDT
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Casey's General Stores, Inc. announced earnings results for the fourth quarter ended April 30, 2021. For the fourth quarter, the company announced sales was USD 2,378.236 million compared to USD 1,812.883 million a year ago. Net income was USD 41.698 million compared to USD 62.091 million a year ago. Basic earnings per share from continuing operations was USD 1.12 compared to USD 1.68 a year ago. Diluted earnings per share from continuing operations was USD 1.12 compared to USD 1.67 a year ago. For the full year, sales was USD 8,707.189 million compared to USD 9,175.296 million a year ago. Net income was USD 312.900 million compared to USD 263.846 million a year ago. Basic earnings per share from continuing operations was USD 8.44 compared to USD 7.14 a year ago. Diluted earnings per share from continuing operations was USD 8.38 compared to USD 7.1 a year ago.
Casey's General Stores, Inc., through its subsidiaries, operates convenience stores under the names Casey's and Caseys General Store in 16 states, primarily in Iowa, Illinois, and Missouri. Its convenience stores carry a range of food items, including freshly prepared foods such as regular and breakfast pizza, donuts, hot breakfast items, and hot and cold sandwiches, beverages, tobacco and nicotine products, health and beauty aids, automotive products, and other non-food items. In addition, all but four offer fuel for sale on a self-service basis. Its GoodStop brand offers fuel for sale on a self-serve basis, and a range of selection of snacks, beverages, tobacco products, and other essentials. It also operates two stores selling primarily tobacco and nicotine products, one liquor-only store, and one grocery store. The Company operates approximately 2,521 stores. The Company operates three distribution centers. It has a fleet of approximately 397 tractors used for distribution.