8-KRegulation FD

CASEYS GENERAL STORES INC 8-K Report, Regulation FD Disclosure (Oct 14, 2010)

Filed October 14, 2010For Securities:CASY

Summary

This Form 8-K filing from Casey's General Stores, Inc. (CASY) provides an update on the company's September 2010 sales performance, specifically focusing on same-store sales results. The report indicates positive growth in key areas, suggesting continued operational strength. Investors should note the increases in prepared food and fountain sales, as well as grocery and other merchandise sales. The company also reported an increase in same-store gasoline gallons sold, accompanied by a gasoline margin that exceeded its fiscal 2011 goal. This suggests effective pricing strategies and demand for their fuel offerings. Overall, the filing offers a snapshot of the company's sales momentum during September 2010.

Key Highlights

  • 1September 2010 same-store sales for prepared food and fountain increased by 7.1% compared to September 2009.
  • 2Same-store sales for grocery and other merchandise saw a 3.3% increase in September 2010 versus September 2009.
  • 3Same-store gasoline gallons sold increased by 3.2% in September 2010 compared to the prior year's September.
  • 4The gasoline margin for September 2010 surpassed the company's fiscal 2011 goal of 13.5 cents per gallon.
  • 5The average retail price of gasoline sold in September 2010 was $2.60 per gallon.
  • 6This filing is a Regulation FD disclosure, meaning the information is being furnished and not officially 'filed'.

Frequently Asked Questions

The main purpose of this 8-K filing is to disclose Casey's General Stores, Inc.'s same-store sales results for September 2010, as required by Regulation FD, to ensure all investors have access to this material information simultaneously.

Casey's General Stores reported a 7.1% increase in same-store sales for prepared food and fountain in September 2010 when compared to September 2009.

In September 2010, same-store gasoline gallons sold increased by 3.2% year-over-year. Furthermore, the gasoline margin for the month exceeded the company's fiscal 2011 goal of 13.5 cents per gallon.

No, the information contained in this Item 7.01 (Regulation FD Disclosure) is being furnished and shall not be deemed 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that Section.