Casey's General Stores reported inside same-store sales growth of 3.2% year over year in the first quarter of fiscal 2027, with total inside sales up 5.6% to $1.78 billion and inside gross profit climbing 6.3% to $749.8 million. Prepared food and dispensed beverages led the gains with same-store sales up 4.8%, as management said traffic rather than higher prices accounted for most of the growth, and whole-pizza unit sales rose nearly 10% to lift category revenues 7.4% to about $493 million. Grocery and general merchandise same-store sales grew 2.7%, driven chiefly by nonalcoholic beverages, with energy drinks and nicotine alternatives recording double-digit growth while weaker beer sales weighed on the category. Inside margin reached 42.2%, up 30 basis points, as prepared food made up more of the sales mix, and the prepared food and dispensed beverage margin rose to 59.3% from 58% on lower cheese costs and a change in distribution cost allocation. Casey's maintained its fiscal 2027 forecast for inside same-store sales growth of 2-5% and an inside margin above 42%, noting that remodeling of former CEFCO stores created a modest headwind to quarterly comparable sales.
Caseys General Stores IncInside gross profit climbed 6.3% to $749.8M and inside margin rose to 42.2% on favorable mix and lower cheese costs.
Dollar Tree Inc
Target Corporation
Ross Stores Inc