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Same-store sales growth for Casey's General Stores

Published 09/05/2017, 04:11 PM
© Reuters.  Same-store sales growth for Casey's General Stores
CASY
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  • Casey's General Stores (CASY -0.7%) falls just short of analyst estimates with its FQ1 report.
  • Same-store grocery /merchant sales were up 3.1% with an average margin of 31.9% vs. 31.6% a year ago.
  • Same-store sales prepared food/fountain sales increased rose 3.7% with an average margin of 62.5% vs. 62.8% a year ago.
  • Same-store gallons sold were up 1.7% with an average margin of $0.193 per gallon vs. $0.195 a year ago.
  • "Expansion activity for new store construction continues to increase as there are now 179 sites either under construction or under agreement," says CEO Terry Handley.
  • CASY +0.31% AH to $105.15.
  • Now read: For Those Expecting A Sprouts Deal (Myself Included), Not So Fast!


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