Caseys General Stores GAAP EPS of $4.09 beats by $0.36, revenue of $4.45B misses by $20M (NASDAQ:CASY)

Caseys General Stores GAAP EPS of $4.09 beats by $0.36, revenue of $4.45B misses by $20M (NASDAQ:CASY)


The Company expects same-store fuel gallons to be flat to 2% higher.

Total operating expenses are expected to increase approximately 9% to 10%.

The Company expects to add approximately 80 stores in fiscal 2023, and expects to exceed our stated three year commitment of 345 units.

Interest expense is expected to be approximately $55 million. Depreciation and amortization is expected to be approximately $320 million and the purchase of property plant and equipment is expected to be approximately $450 to $500 million, including approximately $135 million in one-time store remodel costs for recently acquired stores.

The tax rate is expected to be approximately 24% to 26% for the year.

Quoted from Various Sources

Published for: Ipodifier