Casey’s Reports ‘Strong Financial Performance’ in Q2

The retailer cited growth in the prepared food and dispensed beverage categories.

December 10, 2025

In its latest earnings call, Casey’s reported inside same-store sales increased 3.3% compared to the prior year for the three and six months ending October 31, 2025. Casey’s also said it built 16 new stores in Q2.

Total inside gross profit increased 13.5% to $703.4 million compared to the prior year. The retailer’s net income was $206.3 million, up 14.0% from the prior year, and EBITDA was $410.1 million, up 17.5% from the same period a year ago.

“Total inside sales for the quarter were up 13.0% compared to the prior year. Same-store inside sales were driven by strong performance in the prepared food and dispensed beverage category, including whole pizzas and hot sandwiches as well as non-alcoholic beverages in the grocery and general merchandise category. Inside margin was up approximately 20 basis points compared to the same quarter a year ago, benefitting from a favorable product mix shift,” Casey’s said.

The company said it is updating certain metrics in its Fiscal 2026 Outlook due to strong financial performance to date.

"Casey's delivered a great second quarter highlighted by strong sales and traffic growth across the entire store,” said Darren Rebelez, chairman, president and CEO at Casey’s. “Our inside same-store sales continued the strong momentum, as our prepared foods offering and value proposition are resonating with guests, while our team is delivering on the strategic plan. On the fuel side, the team did an outstanding job achieving same-store gallon growth while expanding fuel margin. Overall, the excellent financial results were a combination of strong same-store performance and robust store growth as we are operating nearly 9% more stores than the prior year."

Casey’s also saw same-store fuel gallons up 0.8% compared to prior year with a fuel margin of 41.6 cents per gallon. Total fuel gross profit increased 20.9% to $377.4 million compared to the prior year.

In other recent Casey’s news, last month Casey’s announced it was partnering with Pepsi for a new nationwide ad spot highlighting the pairing of pizza and Pepsi. Casey’s is the first convenience retailer to be featured in Pepsi’s “Food Deserves Pepsi” campaign, which launched in 2024.