Casey's Q1 FY2027: EPS $7.37, revenue up 24.3% on fuel and food
Casey's opened fiscal 2027 with diluted EPS of $7.37 and net income of $273.72 million, both up more than 27%. The catch is mix: fuel revenue grew 36.3% and now supplies most of the top line, pulling total gross margin down to 21.8% from 24.4%. Read this quarter through inside gross profit and fuel margin per gallon, not headline revenue. The view is Bullish.
1 · Expected vs. Actual
Free preview belowDiluted EPS of $7.37 was up 27.7% from $5.77, and net income of $273.72 million rose 27.1%, both faster than the 11.4% growth in gross profit dollars. EBITDA increased 17.1% to $485.08 million. The company attributes the gain to higher inside and fuel gross profit, partly offset by operating expenses that rose 8.0%.
Revenue rose 24.3% to $5.68 billion from $4.57 billion a year earlier. Fuel did the heavy lifting at $3.72 billion, up 36.3%, while total inside sales grew 5.6% to $1.78 billion. Because fuel earns a 12.0% margin versus 59.3% for prepared food and dispensed beverage, that mix shift is why total gross margin fell to 21.8% from 24.4%.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-09-17
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