Caseys General Stores Inc (NASDAQ:CASY) stock fell 1.67% (As on December 10, 11:19:17 AM UTC-4, Source: Google Finance) after the company narrowed its full-year inside same-store sales growth outlook and reported better-than-expected fiscal second-quarter results. Inside same-store sales moved up 3.3% during the quarter, buoyed by robust performance in the prepared food and dispensed beverage category, as well as non-alcoholic beverages in the grocery and general merchandise category, according to Casey’s. However, the metric indicated a slowdown from the prior-year quarter’s growth of 4%. Grocery and general merchandise same-store sales improved 2.7%. Total inside gross profit increased 13.5% to $703.4 million compared to the prior year. Same-store fuel gallons were up 0.8% compared to prior year with a fuel margin of 41.6 cents per gallon. The Company sold $7.2 million in renewable fuel credits (RINs) in the quarter, an increase of $2.3 million from the same quarter in the prior year. Total fuel gross profit increased 20.9% to $377.4 million compared to the prior year. Total inside sales for the quarter were up 13.0% compared to the prior year. At October 31, 2025, the Company had approximately $1.4 billion in available liquidity, consisting of approximately $492 million in cash and cash equivalents on hand and approximately $900 million in available borrowing capacity on existing lines of credit.

CASY in the second quarter of FY26 has reported the adjusted earnings per share of $5.53, beating the analysts’ estimates for the adjusted earnings per share of $5.19, according to the FactSet-polled consensus. The company had reported the adjusted revenue of $4.51 billion in the second quarter of FY26, beating the analysts’ estimates for revenue of $4.49 billion.

Inside same-store sales are now anticipated to rise between 3% and 4% for fiscal 2026, the company said late Tuesday, compared with the previous guidance for a 2% to 5% increase. The stock decreased 1.5% in the most recent premarket activity.

Earnings before interest, taxes, depreciation and amortization are projected to grow 15% to 17% for the current fiscal year, up from the prior outlook for a 10% to 12% increase. The company continues to expect same-store fuel gallons sold to be down 1% to up 1% and operating expenses to increase by around 8% to 10%. Casey’s reiterated its plans to open at least 80 stores in the ongoing fiscal year. The Company now expects inside same-store sales to increase 3% to 4% and an inside margin of 41% to 42%.