Casey’s General Stores, Inc. (NASDAQ:CASY) has released the second quarter earnings for fiscal year 2010. It’s basic earnings per share was reported at $0.66 for the period ended October 31, 2009. CASY President and CEO Robert Myers states, “Strong margins in all three categories resulted in a 22.9% increase in earnings for the second quarter.
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The financial results were discussed during a webcast held by CASY’s management. The financial results and a webcast of the call are available on the investor relations portion of the company’s website, http://www.caseys.com/.
Casey’s General Stores, Inc. (Casey’s) together with its subsidiaries operate convenience stores under the name Casey’s General Store, HandiMart and Just Diesel in nine Midwestern states, primarily Iowa, Missouri and Illinois. The stores carry a selection of food (including freshly prepared foods, such as pizza, donuts, and sandwiches), beverages, tobacco products, health and beauty aids, automotive products, and other non-food items. In addition, all the stores offer gasoline for sale on a self-service basis. On April 30, 2009, the Company had a total of 1,478 Casey’s General Stores in operation. During the fiscal year ended April 30, 2009 (fiscal 2009), the Company operated 16 newly constructed stores and 16 acquired stores. In fiscal 2009, the Company closed eight stores. The Company also operates a central warehouse, Casey’s Distribution Center, through which it supplies grocery and general merchandise items to the store.
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