Casey’s Shocks the Stock Market with a Profit Jump of Nearly 20%

Casey’s General Stores, Inc. (NASDAQ: CASY) has started the new fiscal year with a significant profit jump. For the first quarter of 2026 (ending July 31, 2025), the company reported a net profit of $215.4 million, representing an increase of 19.5% compared to the previous year. Earnings per share also rose notably from $4.83 to $5.77. EBITDA improved by almost 20% to $414.3 million. CEO Darren Rebelez described it as an "excellent quarter,” driven by strong customer traffic, a successful summer merchandising plan, and overall efficient execution...