Casey’s General Stores has reported a significant increase in its profit for the fourth quarter, concluding what management described as another record year.

The convenience store chain saw its net income surge 65.5 per cent to $162.7 million during the quarter ended April 30. Earnings before interest, taxes, depreciation, and amortisation (EBITDA) also soared 33 per cent to $350.3 million.

Management attributed the strong boost to higher inside and fuel gross profit, which was partially offset by higher operating expenses.

Total inside sales were up 7.4 per cent for the period, with inside same-store sales up 5.5 per cent. This was driven by strong performance in whole pizzas, appetizers and sides, in addition to non-alcoholic beverages.

Total fuel gallons sold rose 3.6 per cent, primarily due to higher store count and a 1.5 per cent uplift in same-store gallons. Store count as of April 30 was 2944, compared to 2904 a year ago.  

For the full year, net income increased 30.7 per cent to $714.4 million. Both inside sales and fuel gallons sold grew approximately 10 per cent.

“Casey’s delivered another record fiscal year as our team closed out the three-year strategic plan on an extremely high note,” said Darren Rebelez, president and CEO. 

“Inside same-store sales for the year were extremely strong, up 4.2 per cent, or 7 per cent on a two-year stack basis, led by strong performance in prepared foods and non-alcoholic beverages. Our fuel team did a great job balancing gallons sold with fuel margin, as fiscal 2026 fuel gross profit increased 21 per cent from the prior year.”

For FY27, Casey’s expects inside same-store sales to increase 2-5 per cent and same-store fuel gallons sold to be negative 1 per cent to positive 1 per cent. 

The company expects to open at least 120 stores during the fiscal year through a mix of M&A and new construction.