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Casey's logoCasey's CASY

The company said total revenue for fiscal 2024 decreased $231,562 (1.5%) from the prior year. Retail fuel revenue fell $625,239 (6.2%), while gallons sold rose 156,303 (5.8%).

10-KAnnual reportFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said total revenue for fiscal 2024 decreased $231,562 (1.5%) from the prior year. Retail fuel revenue fell $625,239 (6.2%), while gallons sold rose 156,303 (5.8%).

  2. Casey's said net income for fiscal 2024 rose $55,281 (12.4%) to $501,972 from $446,691 a year earlier. The company cited higher profitability both inside the store and in fuel as the factors.

  3. The company said revenue less cost of goods sold (excluding depreciation and amortization) was 22.5% of revenue for fiscal 2024, compared with 20.4% a year earlier. Fuel cents per gallon were 39.5 cents, versus 40.2 cents a year earlier.

  4. Casey's said net cash provided by operating activities for fiscal 2024 was $892,953. It spent $852,036 on purchases of property and equipment and payments for acquisitions. Repurchases and retirement of common stock totaled $104,898.

Key figures

Fiscal year ended April 30, 2024

Revenue
$14.9B
Net income
$502M
EPS
$13.43
Operating cash flow
$893M

From the XBRL financial data filed with the SEC · not processed by AI.

Summary

AI-written

Analysis scope · Management's discussion (MD&A)We analyzed the Management's Discussion and Analysis (MD&A) section. Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

Total revenue down $231,562 (1.5%) for the year

The company said total revenue for fiscal 2024 decreased $231,562 (1.5%) from the prior year. Retail fuel revenue fell $625,239 (6.2%), while gallons sold rose 156,303 (5.8%).

Source · Based on the MD&A text of the filing

Net income up $501,972, or 12.4%

Casey's said net income for fiscal 2024 rose $55,281 (12.4%) to $501,972 from $446,691 a year earlier. The company cited higher profitability both inside the store and in fuel as the factors.

Source · Based on the MD&A text of the filing

Revenue margin at 22.5%, fuel at 39.5 cents

The company said revenue less cost of goods sold (excluding depreciation and amortization) was 22.5% of revenue for fiscal 2024, compared with 20.4% a year earlier. Fuel cents per gallon were 39.5 cents, versus 40.2 cents a year earlier.

Source · Based on the MD&A text of the filing

Operating cash flow of $892,953 and investing and buyback outlays

Casey's said net cash provided by operating activities for fiscal 2024 was $892,953. It spent $852,036 on purchases of property and equipment and payments for acquisitions. Repurchases and retirement of common stock totaled $104,898.

Source · Based on the MD&A text of the filing

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.