Comment on Casey’s earnings soar in fourth quarter

Casey’s earnings soar in fourth quarter

Casey’s General Stores posted sharply higher earnings in the fourth quarter of fiscal 2015, but falling fuel prices cut into overall revenues.The Ankeny-based convenience store chain recorded net income of $41.3 million, or $1.05 per common share, in the final quarter of fiscal 2015, compared with $20.9 million, or 54 cents per share, in the same quarter of fiscal 2014.Revenue for the quarter fell to $1.7 billion from $1.9 billion in the same period a year earlier.

 

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