Casey's General Stores, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended January 31, 2024
March 11, 2024 at 04:29 pm EDT
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Casey's General Stores, Inc. reported earnings results for the third quarter and nine months ended January 31, 2024. For the third quarter, the company reported sales was USD 3,329.25 million compared to USD 3,332.56 million a year ago. Net income was USD 86.93 million compared to USD 100.11 million a year ago. Basic earnings per share from continuing operations was USD 2.34 compared to USD 2.69 a year ago. Diluted earnings per share from continuing operations was USD 2.33 compared to USD 2.67 a year ago.
For the nine months, sales was USD 11,262.9 million compared to USD 11,765.77 million a year ago. Net income was USD 414.95 million compared to USD 390.6 million a year ago. Basic earnings per share from continuing operations was USD 11.15 compared to USD 10.48 a year ago. Diluted earnings per share from continuing operations was USD 11.09 compared to USD 10.42 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.
CASEY'S GENERAL STORES, INC. 
