Casey's (CASY) price and product optimization strategies, increased penetration of private brands and digital engagements are commendable.
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The company reported a robust fiscal fourth-quarter results and a dividend raise. Barron's readers already knew to expect good news—and the CEO of the convenience store operator sees more to come.
Casey's General Stores Inc. (NASDAQ:CASY ) Q4 2024 Earnings Conference Call June 12, 2024 8:30 AM ET Company Participants Darren Rebelez - President, Chief Executive Officer Steve Bramlage - Chief Financial Officer Brian Johnson - Senior Vice President, Investor Relations and Business Development Conference Call Participants Michael Montani - Evercore ISI Bobby Griffin - Raymond James Anthony Bonadio - Wells Fargo Krisztina Katai - Deutsche Bank Kelly Bania - BMO Capital Markets Chuck Cerankosky - Northcoast Research Corey Tarlowe - Jefferies John Royall - JP Morgan Irene Nattel - RBC Capital Markets John Lawrence - Benchmark Bonnie Herzog - Goldman Sachs Operator Good day and thank you for standing by. Welcome to the Q4 fiscal year 2024 Casey's General Stores earnings conference call.
Casey's (CASY) fourth-quarter results reflect strength in grocery and general merchandise as well as food and dispensed beverage categories.
U.S. stocks were higher, with the Nasdaq Composite gaining over 250 points on Wednesday.
The headline numbers for Casey's (CASY) give insight into how the company performed in the quarter ended April 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Casey's General Stores (CASY) came out with quarterly earnings of $2.34 per share, beating the Zacks Consensus Estimate of $1.70 per share. This compares to earnings of $1.49 per share a year ago.
Casey's (CASY) strategic initiatives, efficient operational management and focus on high-margin product categories are likely to have favorably impacted Q4 revenues.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Casey's (CASY), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended April 2024.