Casey’s General Shares Hit All-Time High on Strong Earnings

The company increased its quarterly dividend by 14 percent, marking the 26th consecutive annual increase.

A sign on a Casey's General Store building. Shutterstock

Shares of Casey’s General Stores Inc. jumped more than 15 percent in early trading on June 10 after the fast-growing rural convenience store operator reported double-digit profit and sales growth the day before, easily beating Wall Street expectations.

Boosted by low gas prices and strong in-store traffic, Casey’s reported net income was $98.3 million, or $2.63 per share, for the fourth quarter of fiscal year 2025, which ended on April 30. That reflects a 13 percent increase from $87 million, or $2.34 per share, in the same period last year. Total revenue for the quarter rose to $3.99 billion, up 10.8 percent from $3.6 billion a year earlier.