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Casey’s Sees 30% Increase

Casey’s Sees 30% Increase

Photo: WNAX


Ankeny Iowa based convenience store chain Casey’s saw a 30 percent increase in earnings for each share in its first quarter of the new fiscal year.  C-E-O Terry Handley talked about the results during a conference call (Tuesday).

Handley says the earnings per share rose 44 cents to one-dollar-90 cents a share.    He says they’ve focused more on managing fuel prices and saw a half-a-percent increase in the amount they made for each gallon sold in the quarter.

The company had two-thousand-85 stores at the end of the fiscal year July 31st, with 14 stores under agreement for acquisition. The company also has a land bank of 103 sites for possible new stores.