Casey’s General Stores Reports Strong Fourth Quarter and Fiscal Year Results
Casey’s General Stores, Inc.(NASDAQ: CASY) recently announced their financial results for the fourth quarter and fiscal year ending April 30, 2024.The company reported a 57% increase in diluted EPS to $2.34, with net income up 55% to $87 million and EBITDA up 32% to $219 million compared to the same period last year.Inside same-store sales also saw a significant increase of 5.6%.Despite the positive results, the company’s 12 Months dividend pay out ratio has slightly increased, but remains below the industry average.In comparison to peers in the Retail sector, Casey’s is outperforming with a ranking of 1218.
Overall, the strong financial performance of Casey’s General Stores is reflected in their stock prices and shareholder confidence.Investors can expect continued growth and success from this leading convenience store chain.
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