Casey's General Stores (CASY) Revenue — Quarter Ended Jan 31, 2023
Revenue for the quarter ended January 31, 2023 decreased from the prior quarter. However, it increased compared to the same quarter one year earlier.
Key takeaway
Quarter ended Jan 31, 2023 · FY2023 Q3
Revenue for the quarter ended January 31, 2023 decreased from the prior quarter. However, it increased compared to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.3B
Revenue reported for this quarter.
Quarter-over-quarter
-16.2%
Change from the immediately preceding quarter.
Year-over-year
+9.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$15.2B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Apr 30, 2022 | $3.5B | +45.4% |
| Jul 31, 2022 | $4.5B | +40.0% |
| Oct 31, 2022 | $4B | +21.9% |
| Jan 31, 2023 | $3.3B | +9.3% |
Revenue performance
The reported revenue declined sequentially, reversing the growth trend seen in earlier quarters. On an annual basis, revenue continued to rise, but at a slower pace than in the prior periods.
Quarterly comparison
The quarter-over-quarter decline was notable, while the year-over-year gain was more moderate. The company's trailing twelve-month revenue remained at a high level.
What to watch
The company's cash and cash equivalents increased substantially compared to the start of the fiscal year, supported by strong operating cash flows.