8-KRegulation FD

CASEYS GENERAL STORES INC 8-K Report, Regulation FD Disclosure (May 15, 2013)

Filed May 15, 2013For Securities:CASY

Summary

Casey's General Stores, Inc. (CASY) filed a Form 8-K on May 15, 2013, to report its same-store sales results for April 2013. This filing provides investors with a timely update on the company's operational performance in key revenue-generating categories. The data indicates positive comparable store sales growth across the business, reflecting ongoing consumer demand for Casey's offerings. The report highlights a robust increase in same-store sales for prepared food and fountain, a critical segment for convenience stores. Additionally, the grocery and other merchandise category also experienced positive comparable sales growth. The company also saw an increase in gasoline gallons sold, with a favorable gasoline margin that exceeded its fiscal 2013 target. This indicates strong execution in both its retail and fuel operations.

Key Highlights

  • 1Reported April 2013 same-store sales for stores open at least one full year.
  • 2Prepared food and fountain same-store sales increased by 6.9% compared to April 2012.
  • 3Grocery and other merchandise same-store sales increased by 3.3% compared to April 2012.
  • 4Same-store gasoline gallons sold increased by 4.2% compared to April 2012.
  • 5Gasoline margin for April 2013 was above the Company's fiscal 2013 goal of 14.0 cents per gallon.
  • 6The average retail price of gasoline sold in April 2013 was $3.39 per gallon.
  • 7Information is furnished under Regulation FD and not deemed 'filed' for Section 18 purposes.

Frequently Asked Questions

The main purpose of this 8-K filing is to provide investors with an update on Casey's General Stores' operational performance by disclosing same-store sales results for April 2013. This information is shared under Regulation FD.

Casey's General Stores reported a 6.9% increase in same-store sales for its prepared food and fountain category in April 2013, compared to the same period in the previous year.

In April 2013, same-store gasoline gallons sold increased by 4.2% year-over-year. Furthermore, the gasoline margin for the month exceeded the company's fiscal 2013 goal of 14.0 cents per gallon, indicating profitable fuel sales. The average selling price for gasoline was $3.39 per gallon.

This specific filing primarily provides sales and operational metrics and is furnished under Regulation FD. It is not considered 'filed' for the purposes of Section 18 of the Securities Exchange Act of 1934 and is not incorporated by reference into other SEC filings unless expressly stated. Therefore, it does not directly amend or update the company's official financial statements but provides insights into ongoing business trends.