Caseys General Stores Inc (NASDAQ:CASY) stock rallies 11.64% (As on June 10, 1:42:53 AM UTC-4, Source: Google Finance) after the company reported fourth-quarter earnings that significantly beat analyst expectations. For the quarter, total inside sales were up 12.4% for the quarter and total inside gross profit was up 12.5%. Inside same-store sales were up 1.7%, or 7.4% on a two-year stack basis, 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 in the grocery and general merchandise category. For the quarter, total fuel gallons sold increased 17.8% compared to the prior year primarily due to operating more stores, while same-store gallons sold were up 0.1% versus the prior year. Fuel gross profit was up 21.4% versus the prior year. The Company sold $4.3 million in renewable fuel credits (RINs) in the fourth quarter, while the company sold $1.0 million RINs in the same period last year. At April 30, 2025, the Company had approximately $1.2 billion in available liquidity, consisting of approximately $327 million in cash and cash equivalents on hand and approximately $900 million in undrawn borrowing capacity on existing lines of credit. The Company built or acquired 270 stores in the fiscal year, the most in the Company’s history. This included the Fikes Wholesale acquisition and its 198 CEFCO convenience stores.

CASY in the fourth quarter of FY25 has reported the adjusted earnings per share of $2.63, beating the analysts’ estimates for the adjusted earnings per share of $2.03. The company had reported the adjusted revenue of $3.99 billion in the fourth quarter of FY25, beating the analysts’ estimates for revenue of $3.95 billion. Net income was $546.5 million, up 8.9%, and EBITDA was $1.2 billion, up 13.3%, from the prior year.

Additionally, the company has approximately $295 million remaining under its existing share repurchase authorization. The company has increased the quarterly dividend by 14% to $0.57 per share.

Looking ahead, Casey’s provided an upbeat outlook for fiscal 2026, projecting EBITDA growth of 10-12% and inside same-store sales growth of 2-5%. The company expects to open at least 80 new stores in the coming fiscal year, through a mix of M&A and new store construction, bringing the three-year strategic plan period total to approximately 500 stores. The Company expects same-store fuel gallons sold to be negative 1% to positive 1%.