Casey’s General Stores strong performance propelled its stock to a new all-time high on Tuesday. Investors reacted enthusiastically to the company’s latest quarterly report, which showcased impressive results. The convenience store and gas station operator closed trading with shares up 11.5%, marking a significant milestone.
The company reported its fiscal 2025 fourth-quarter earnings after the market closed on Monday. Casey’s General Stores strong show was evident in both sales and earnings, exceeding Wall Street’s forecasts. The business posted earnings per share of $2.63 on revenue of $3.99 billion. Analysts had anticipated earnings per share around $1.92 and revenue near $3.93 billion.
Same-store sales grew 1.7% year over year during the quarter, while overall sales increased by 10.8%. This growth stemmed from new store openings and rising demand. Earnings per share climbed 12.4% compared to the prior year’s quarter, underscoring the company’s solid financial health.
Alongside its strong quarterly results, Casey’s announced a 14% increase in its quarterly dividend, raising it to $0.57 per share. This dividend hike marked the company’s 26th consecutive year of annual dividend growth. Although the forward yield remains below 0.5%, investors are optimistic about Casey’s General Stores strong performance as a dividend growth stock.
Looking ahead, Casey’s provided encouraging guidance for fiscal 2026. The company expects same-store sales to rise between 2% and 5%. Additionally, it plans to open at least 80 new stores through internal construction and acquisitions. Casey’s also forecasts a 10% to 12% increase in earnings before interest, taxes, depreciation, as well as amortization (EBITDA) for the upcoming year.
In summary, Casey’s General Stores strong performance in Q4, coupled with an attractive dividend increase and positive outlook, created significant investor enthusiasm. The company appears well-positioned to continue its growth trajectory in the competitive retail sector.
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