Earnings Feed

CASY

Consumer

Diluted EPS increased 19% to $5.77 per share compared to prior year.
Fuel gallons sold grew 1.7% same-store with a fuel margin of $0.41 per gallon, up $0.03 from prior year.
Gross profit increased 16.5% to $1.11 billion, with inside gross profit margin up 20 basis points to 41.9%.
Net income rose 20% to $215 million, and EBITDA increased 20% to $414 million year-over-year.
Net interest expense increased due to financing related to the Fikes acquisition, with a debt-to-EBITDA ratio of 1.8x.
Operating expenses rose 14.6%, partly due to 8% more stores and modest wage increases.
Same-store inside sales increased 4.3%, with a 6.7% increase on a 2-year stack basis.
Total revenue grew 11.5% to $4.6 billion, driven by higher inside sales and fuel gallons sold.

SJM

Consumer

Coffee costs in Q1 were higher than anticipated, with additional costs expected in Q2 due to hedging and green coffee receipt timing.
Coffee segment pricing benefit updated to mid-20% for fiscal 2026, up from prior 20% estimate.
Coffee volume expected to decline low to mid-teens percentage due to tariff impacts and price elasticity.
First quarter EPS was the softest quarter; second quarter decline now expected greater than first quarter, with a more muted third quarter.
Free cash flow outlook increased from $875 million to $975 million, driven by benefits from the Inflation Reduction Act.
Hostess SKU rationalization did not impact first quarter volume but expected to improve profitability over time.
Overall profit outlook remains intact despite tariff headwinds, with coffee segment profit expected to align with original guidance after absorbing tariffs.
SKU rationalization in Sweet Baked Snacks expected to yield $30 million savings, with $10 million in Q4 and $20 million in fiscal 2027.