Casey’s General Stores reported quarterly earnings that topped analyst expectations, but weaker-than-expected revenue drove the convenience store chain’s shares sharply lower as investors focused on slowing sales growth.
Casey’s General Stores reported quarterly earnings that topped analyst expectations, but weaker-than-expected revenue drove the convenience store chain’s shares sharply lower as investors focused on slowing sales growth.
They beat profit by gutting payroll. I checked: sales fell 1.9%. That’s not soft, that’s a death rattle.