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Casey’s beats earnings estimates

Casey’s reported their financial results for their second quarter today.

  • Diluted EPS of $3.67, up 42% from the same period a year ago. The Q2 consensus estimate was $3.16, so Casey’s handily beat the analyst estimates.
  • Same-store fuel gallons were up 0.3% compared to prior year with a fuel margin of 40.5 cents per gallon. Total fuel gross profit increased 22.7% to $284.4 million compared to the prior year.

“The fuel gross profit dollars remained strong as our fuel team executed at a high level again and struck the right balance between sales volume and gross profit margin”, said Darren Rebelez, President and CEO.

Casey’s began implementing PriceAdvantage towards the end of Q4, 2018 and was fully implemented in the first half of 2019.

User Conference 2022 a Huge Hit!

We just wrapped up another successful PriceAdvantage User Conference, where once again we had lots of face time with so many of our customers. The conference had a great turnout again this year, which is a testimony to how much our customers enjoy the time interacting with other like-minded retail fuel pricing folks at this event. The attendees loved the opportunity to brush up on their product knowledge, discuss the product roadmap, and provide direct feedback on where the software should go. They also enjoyed their 1:1 time with the PriceAdvantage team.

This is our sixth User Conference, and the attendees this year all told us they will be back again next year.

We’re already looking forward to our 2023 User Conference!