Casey's General Stores, Inc. (CASY) shares jumped 16.10 percent, gaining $122.53 to $883.71 on Wednesday possibly after the convenience store operator reported strong fourth-quarter results, raised its dividend, and outlined an optimistic growth outlook for fiscal 2027.
The stock is currently trading at $883.71, compared with its previous close of $761.18 on the Nasdaq. During the session, it opened at $800.65 and traded between $793.01 and $886.48. Trading volume reached 399,089 shares, compared with its average volume of 588,682 shares.
Net income surged 65.5% to $162.7 million from $98.3 million a year earlier, while earnings per share increased 66.2% to $4.37 from $2.63. Revenue rose 14.5% to $4.57 billion from $3.99 billion, supported by strong sales performance and higher fuel margins. The company also expanded its share repurchase authorization to $1 billion and approved a 14% increase in its quarterly dividend to $0.65 per share, marking its 27th consecutive annual dividend increase.
Casey's shares have traded between $488.91 and $901.00 over the past 52 weeks.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.