8-KRegulation FD

CASEYS GENERAL STORES INC 8-K Report, Regulation FD Disclosure (Dec 16, 2013)

Filed December 16, 2013For Securities:CASY

Summary

Casey's General Stores, Inc. (CASY) filed an 8-K on December 16, 2013, reporting its same-store sales results for November 2013. The company experienced robust growth in its prepared food and fountain category, with a notable increase of 11.4% in same-store sales compared to the prior year. This indicates strong consumer demand for their prepared food offerings. Additionally, the grocery and other merchandise segment also showed positive performance with a 6.5% increase in same-store sales. The company also reported a 4.6% rise in same-store gasoline gallons sold. The gasoline margin remained stable and in line with their fiscal 2014 goal, with an average retail price of $3.00 per gallon during the month. These results suggest a healthy operational performance for Casey's in the key areas of food, merchandise, and fuel for the reporting period.

Key Highlights

  • 1November 2013 same-store sales for prepared food and fountain increased by 11.4% year-over-year.
  • 2November 2013 same-store sales for grocery and other merchandise increased by 6.5% year-over-year.
  • 3Same-store gasoline gallons sold increased by 4.6% in November 2013 compared to November 2012.
  • 4Gasoline margin for November 2013 was in line with the company's fiscal 2014 goal of 15.0 cents per gallon.
  • 5The average retail price of gasoline sold in November 2013 was $3.00 per gallon.
  • 6The report was filed on December 16, 2013, providing timely operational updates.

Frequently Asked Questions

This 8-K filing is a Regulation FD Disclosure, providing investors with timely information regarding Casey's General Stores' same-store sales results for November 2013, compared to November 2012.

Casey's General Stores reported a significant increase of 11.4% in same-store sales for its prepared food and fountain category during November 2013.

In November 2013, same-store gasoline gallons sold increased by 4.6%. The gasoline margin was reported to be in line with the company's fiscal 2014 goal of 15.0 cents per gallon, with an average retail price of $3.00 per gallon.

This specific filing, under Item 7.01, is a disclosure of current sales results and does not contain forward-looking statements or financial projections. The information is furnished and not deemed 'filed' for purposes of Section 18 of the Exchange Act.