"Casey's fuel margin expanded to 41.0 cents per gallon in Q3 FY2026, up from 36.4 cents per gallon in the prior year, driving total fuel gross profit up 15.3% to $348.2 million."
"Sustained margin per gallon above 40 cents compounds directly into EBITDA growth, which management has guided at 18% to 20% for FY2026 - raised from a prior range of 15% to 17%."
"Casey's Rewards has surpassed 10 million members, powering inside same-store sales growth of 4.0% in Q3 FY2026. Inside margin expanded roughly 130 basis points to 42.2%."
"Casey's is targeting at least 80 new store openings in FY2026 and approximately 500 total store additions over its three-year plan."
Casey's General Stores has experienced substantial stock growth, with shares increasing 66.29% over the past year and reaching a 52-week high of $721.50. Analysts project a target price of $722.03, with a 'Moderate Buy' rating. Key drivers include expanded fuel margins, which rose to 41.0 cents per gallon, and strong inside sales momentum from the Casey's Rewards program. The company plans to open at least 80 new stores in FY2026, contributing to long-term revenue growth.
Read at 24/7 Wall St.
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