Casey's General Stores stock reports Q1 growth

Published on 10/05/2026 at 09:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal 2027 Q1 revenue reached USD 5.678336 billion on July 31, 2026, while diluted EPS rose 27.7 percent year over year. MarketBeat lists a 21-analyst Moderate Buy consensus and USD 840.69 average target.

CASY, US1475281036, Illustration mit AI erstellt.

Casey's General Stores (ISIN US1475281036) generated USD 5.678336 billion in fiscal 2027 first-quarter revenue for the three months ended July 31, 2026, while diluted EPS reached USD 7.37. The company delivered stronger earnings but faces a valuation debate after its September results.

Profit growth meets expansion

According to Casey's in its September 8, 2026 release, diluted EPS increased 27.7 percent from the prior-year quarter, while net income rose 27.1 percent to USD 273.7 million. EBITDA, a non-GAAP measure, increased 17.1 percent to USD 485.1 million.

The operating mix explains the result. Inside same-store sales increased 3.2 percent, inside margin reached 42.2 percent, and fuel gross profit rose 19.6 percent to USD 446.9 million for fiscal 2027 Q1.

Guidance keeps the bar high

Casey's fiscal 2027 outlook remains unchanged, according to Casey's. Management expects inside same-store sales growth of 2 percent to 5 percent, EBITDA growth of 8 percent to 10 percent and at least 120 new stores through acquisitions and construction.

That plan puts execution at the center of the stock story. The company had 2,959 stores at July 31, 2026, after adding 9 new locations and 12 acquired stores during the quarter, while operating expenses increased 8.0 percent year over year.

Analysts see wider upside

MarketBeat lists a Moderate Buy consensus from 21 analysts, including 15 Buy ratings and 6 Hold ratings. The average 12-month target is USD 840.69, with a high of USD 1,069.00 and a low of USD 720.00.

The average target stands 36.09 percent above the October 2, 2026 closing price of USD 617.76. The contrast is important: earnings growth remains visible, but the share price still reflects the market's demanding expectations for future store growth and margins.

Stock remains below yearly high

Casey's General Stores stock closed at USD 617.76 on Nasdaq on October 2, 2026, down 0.28 percent on the session. The price stood 33.42 percent below its 52-week high of USD 927.85, with a market capitalization of USD 22.9 billion and volume of 608,766 shares.