Casey's General Stores (CASY, Financials) reported a 17% increase in fiscal third-quarter revenue, reaching $3.90 billion and exceeding market expectations of $3.74 billion. The company also posted earnings per share of $2.33, higher than Wall Street's estimate of $2.10.

Net income was the same from the year before despite income increases because depreciation and rising interest costs balance out gains. Driven by more interior and gasoline gross profit, EBITDA became better.Casey's fuel division had a 1.8% rise in same-store gallons sold, and consistent fuel margins help to explain overall profitability. The prepared meals and grocery sectors saw double-digit growth; hot sandwiches and bakery products especially performed well.Reflecting expenditures connected to the company's purchase of Fikes and the opening of 254 additional locations, operating expenses rose. Debt related to attempts at growth caused interest and depreciation charges to climb as well.Casey's increased its EBITDA growth estimate for fiscal 2025 to 11%, from its prior 10% estimate. While inside margin is predicted to continue at 40.9%, same-store sales growth is between 3% and 5%. Sales of same-store gasoline gallons are expected to swing between a 1% drop and a 1% rise. Operating costs might climb by 11% to 13%.With around 270 additional stores scheduled for 2025, the business intends to grow yet further.