8-KRegulation FD

CASEYS GENERAL STORES INC 8-K Report, Regulation FD Disclosure (Jan 15, 2014)

Filed January 15, 2014For Securities:CASY

Summary

Casey's General Stores, Inc. (CASY) filed a Form 8-K on January 15, 2014, to disclose its same-store sales results for December 2013. The report highlights a positive performance across key categories, indicating continued growth momentum for the company. Investors should note the strong increases in both prepared food and fountain sales (up 9.5%) and grocery and other merchandise sales (up 6.0%). This demonstrates robust consumer demand for Casey's core offerings. Additionally, gasoline gallon sales saw a healthy increase of 4.8%, with the gasoline margin aligning with the company's fiscal 2014 target, suggesting effective pricing strategies and operational efficiency in its fuel segment.

Key Highlights

  • 1Same-store sales for prepared food and fountain increased by 9.5% in December 2013 compared to December 2012.
  • 2Same-store sales for grocery and other merchandise increased by 6.0% in December 2013 compared to December 2012.
  • 3Same-store gasoline gallons sold increased by 4.8% in December 2013 compared to December 2012.
  • 4Gasoline margin for December 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 December 2013 was $3.03 per gallon.
  • 6The filing was made on January 15, 2014, and pertains to December 2013 performance.
  • 7The information is furnished under Regulation FD and is not deemed 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934.

Frequently Asked Questions

Casey's General Stores reported strong same-store sales growth in December 2013. Prepared food and fountain sales increased by 9.5%, grocery and other merchandise sales rose by 6.0%, and gasoline gallons sold were up by 4.8% compared to the same period in the prior year.

The gasoline margin for December 2013 was in line with Casey's fiscal 2014 goal of 15.0 cents per gallon, indicating effective management of fuel pricing and profitability.

The average retail price of gasoline sold by Casey's during December 2013 was $3.03 per gallon.

No, the information provided in this Item 7.01 disclosure is being furnished and is not deemed 'filed' for the purposes of Section 18 of the Securities Exchange Act of 1934 or incorporated into other SEC filings, unless expressly stated.