Casey's General Stores Q2 Total Fuel Gallons Sold up 6.2%%
12/09 5:23 PM
Casey's General Stores Q2 Total Fuel Gallons Sold up 6.2% on year
OAKHURST, N.J. (DTN) --- Casey's General Stores, Inc. reported that total
fuel gallons sold in the quarter ended Oct. 31 increased 6.2% compared to the
prior year due to an increase in store count.
However, same-store gallons were down 0.6% year-over- year with a fuel
margin of 40.2cts gallon.
The company's fiscal second quarter total fuel gross profit at $312.3
million rose 1.1% compared to the same period of 2023, and it sold $4.9 billion
in renewable fuel credits in the second quarter, down $3.5 million from the
same quarter of last year.
Looking forward, the company expects same-store fuel gallons sold to range
from negative 1% to positive 1% for the 2025 fiscal year.
"Our fuel team continues to balance volume and margin as they achieved over
40 cents per gallon fuel margin while outpacing the relevant geographic market
in same-store fuel gallons," said Darren Rebelez, chairman, president and CEO.
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