Casey’s Reports Increased Income in ‘Busiest Quarter of the Year’
Casey’s Rewards also topped 11 million members.
Sep 09, 2026 | 2 min read
Casey’s General Stores reported a net income of $273.7 million for the quarter ended July 31, an increase of 27.1% from the same period last year.
The third-largest convenience retailer in the United States also said in its first quarter earnings release that inside same-store sales increased 3.2% year-over-year.
The retailer said fuel same-store gallons sold fell 0.3% compared to the prior year.
“Guests are responding well to our compelling value proposition on our high-quality prepared food, especially in whole pies,” said CEO Darren Rebelez in an earnings release. “On the fuel side, our team's robust capabilities helped us navigate a volatile environment and produced strong results. The operations team delivered an exceptional guest experience during our busiest quarter of the year."
On an earnings call Wednesday morning, Rebelez said about 1% of the total store base had a planned disruption from remodeling CEFCO Convenience Stores to Casey’s locations. Casey’s acquired Fikes Wholesale in 2024, which included 198 CEFCO Convenience Stores.
“As a result, same-store sales both inside and outside the store faced a slight headwind,” Rebelez said. “Despite this, we still posted strong same-store results for the quarter and remained ahead of schedule on our integration efforts.”
He added that stores that had already been remodeled to the Casey’s brand had “performed exceptionally well.”
Rebelez also said the Casey’s Rewards platform has now surpassed more than 11 million members.
“We believe our abundant and value-oriented food offering is not only a differentiator driving inside traffic, but is also driving traffic to the pump,” Rebelez said. “This, coupled with our fuel team doing an excellent job balancing fuel margin and gallons during an uncertain environment, has yielded great results.”
Casey’s in June revealed a new three-year plan that includes opening at least 400 stores.
“As we just wrapped up our first quarter into the new plan, I’m as excited as ever about our progress,” Rebelez said.
