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Casey’s beats Street with Q2 profit gain, plans 72-108 new stores
Ankenny, Iowa – Casey’s General Stores Inc. beat Wall Street expectations with net income of $49.89 million in the second quarter of fiscal 2015, up 21% from $39.43 million the same period the prior year. Growth of cost of goods sold did not keep pace with growth of sales, aiding the retailer’s profit. -
Pantry beats Street with Q4 profit, misses on revenue
Cary, N.C. – The Pantry Inc. beat Wall Street expectations with net income but missed on revenue in the fourth quarter of fiscal 2014. Net income dramatically shot up to $14.7 million from $1 million in the same period a year earlier, aided by costs and expenses that remained level or dropped. Revenue fell 3% to $1.95 billion from $2.02 billion, with declining fuel sales offsetting rising merchandising sales.

