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