Casey's General Stores Shares Drop 5% After Q4 Miss
<p><a href='https://financialmodelingprep.com/financial-summary/CASY'>Casey's General Stores (NASDAQ:CASY)</a> shares fell around 5% today after the company reported its Q4 results, with EPS coming in at $1.49, missing the Street estimate of $1.56. Revenue was $3.33 billion, below the Street estimate of $3.38 billion.</p>
<p>Although Q4 adjusted EBITDA of $167 million was below expectations, contributions from the two key inside store categories (Grocery and Prep Food) were close to forecast, two-thirds of the gap to forecast was gas margins, which are highly volatile, the balance was "Other" category.</p>
<p>For the full 2024 year, the company expects inside same-store sales to grow in the range of 3%- 5% and inside margin to improve in the range of 40%-41%. </p>

NASDAQ:CASY