Casey's General Stores Stock Flat After Q1 Earnings Report
1. CASY's Q1 earnings beat estimates at $5.77 and revenue at $4.56 billion. 2. Same-store sales rose 4.3% year-over-year, indicating strong consumer traffic. 3. Fuel gross profit increased 18.8%, reflecting effective pricing strategies. 4. Operating expenses were managed well, partly due to reduced labor hours. 5. Stock initially fell 0.86% after earnings announcement despite positive metrics.