Casey's first-quarter diluted EPS rises 7% to $4.83; net income $180 million
Casey's reported results for the quarter ended July 31, 2024, with diluted EPS of $4.83, up from $4.52 a year earlier, and net income of $180.2 million, up from $169.2 million. The company kept its fiscal 2025 outlook unchanged until the pending Fikes Wholesale acquisition closes, except for store growth, now expected to be about 270 units. At its August 28 annual meeting, shareholders re-elected all eleven director nominees and rejected both shareholder proposals.
Key points
- Diluted EPS was $4.83 versus $4.52; EBITDA was $345.8 million versus $316.9 million.
- Fuel margin was 40.7 cents per gallon, down from 41.6 cents a year earlier.
- The Fikes Wholesale acquisition, including 198 CEFCO stores, is expected to close in calendar 2024.
- The quarterly dividend is $0.50 per share, payable November 15, 2024; no shares were repurchased in the quarter.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:10 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 04, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.