Summary of Important Points from Casey's General Stores Conference Call

Overview of Q4 Results: •EPS of $0.60 per share, in line with the number from same period prior year •Fiscal 2013 EPS decreased 5 percent to $2.86 •Revenue for the quarter landed at $1.8 million, up from 1.75 million year over year •Operating expenses increased 8.6 percent for the quarter •Operating expenses increased 10.4 percent to $760.4 million for the year; primarily due to various initiatives implemented for business growth •26 newly acquitted stores opened for fiscal 2013, total store count of 1,749 •Quarterly dividend increased to $0.18 per share, 9 percent decrease from prior year same quarter Category Performance Gasoline •Same-store sale increased 1 percent with an average margin of 0.17 per gallon for the quarter •Total gallon sale increased 4 percent to 1.5 billion •Average retail price were $3.59 vs. $3.57 last year for the quarter •Gross profit rose 2.7 percent Grocery & Other Merchandise •Same-store sales decreased 0.2 percent with an average margin of 31.7 percent for the quarter; primarily due to competitive pricing adjustment •Total sales increased 3.9 percent •Gross profit increased 4.4 percent to $462.7 million Prepared Food & Fountain •Same-store sales increased 4.4 percent with an average margin of 60.5 percent for the quarter •Total sales were up 13 percent to $564.9 million •Gross profit increased 15.1 percent to $349 million Guidance for 2014 •Operating expenses expected to decrease in low double digits •Expected effective tax rate to be 37 percent •Capital expenditure expected to be $313 million to $374 million •Expects 70 to 105 newly acquired or build stores, and replace 20 existing location •Increase same-store gasoline gallons sales 1.5 percent with average margin at $0.15 per gallon •Increase same-store grocery and other merchandise sales 5 percent with average margin at 32.3 percent •Increase same-store prepared food and fountain sales 9 percent with average margin at 62 percent •Newly implemented pizza deliver experience 25 percent to 30 percent sales increase Casey's General Stores CASY is currently trading down 2.5 percent at $61.71.