8-KRegulation FD

CASEYS GENERAL STORES INC 8-K Report, Regulation FD Disclosure (Nov 14, 2013)

Filed November 14, 2013For Securities:CASY

Summary

This Form 8-K filing from Casey's General Stores, Inc. (CASY) on November 14, 2013, provides an update on the company's same-store sales results for October 2013. The report highlights strong performance in key revenue-generating categories, indicating positive operational momentum for the company. Investors can find reassurance in the robust growth of prepared food and fountain sales, which increased by 13.4%, and a healthy 10.7% rise in grocery and other merchandise sales. These figures suggest that the company's in-store offerings are resonating well with customers. Additionally, the increase in same-store gasoline gallons sold by 4.3% and a gasoline margin exceeding the fiscal 2014 goal demonstrate effective management of fuel operations and favorable market conditions.

Key Highlights

  • 1October 2013 same-store sales for prepared food and fountain increased by 13.4% compared to October 2012.
  • 2October 2013 same-store sales for grocery and other merchandise increased by 10.7% compared to October 2012.
  • 3Same-store gasoline gallons sold increased by 4.3% in October 2013 compared to October 2012.
  • 4The gasoline margin in October 2013 was above the Company's fiscal 2014 goal of 15.0 cents per gallon.
  • 5The average retail price of gasoline sold during October 2013 was $3.16 per gallon.

Frequently Asked Questions

The main purpose of this 8-K filing is to disclose Casey's General Stores' same-store sales results for the month of October 2013, providing investors with timely operational performance data.

Prepared food and fountain sales showed the strongest same-store sales growth, increasing by 13.4% in October 2013 compared to the prior year.

The gasoline business performed well, with same-store gallons sold increasing by 4.3% and the gasoline margin exceeding the company's fiscal 2014 goal of 15.0 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, nor subject to the liabilities of that Section, unless expressly incorporated by reference into another filing.