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FOR IMMEDIATE RELEASE Casey's General Stores , Inc. One SE Convenience Blvd Ankeny , IA 50021 Second Quarter Key Highlights Casey's Announces Second Quarter Results Ankeny , IA , December 7 , 2021 - Casey's General Stores , Inc. ( " Casey's " or the " Company " ) ( Nasdaq symbol CASY ) a leading convenience store chain in the United States , today announced financial results for the three and six months ended October 31 , 2021 . ● ● Inside same - store sales increased 6.0 % compared to prior year with a margin of 40.7 % . Total inside gross profit increased 12.3 % to $ 463.4 million compared to the same period last year . Fuel gallons increased 2.5 % on a same - store basis compared to prior year with a fuel margin of 34.7 cents per gallon . Total fuel gross profit increased 13.6 % to $ 231.9 million compared to the same period last year . Diluted EPS of $ 2.59 compared to $ 3.00 for the same period a year ago . Casey's announced the pending acquisition of 40 stores from Pilot Corporation , primarily in the Knoxville , TN market . Casey's recognized as a " Corporate Champion " by the Women's Forum of New York for its 50 % gender diversity on its Board of Directors . Earnings " Inside sales and fuel gallons sold were up in the second quarter as guest traffic continues to improve , " said Darren Rebelez , President and CEO . “ I am very proud of how the Casey's team responded during a difficult retail environment this quarter . Inside gross profit was up sharply despite product availability pressures , especially in our Prepared Food and Dispensed Beverage business , and an inflationary supply chain environment . Our fuel team achieved strong margins in a challenging rising cost market while also growing fuel gallons sold . We are making excellent progress integrating the Buchanan Energy and Circle K acquisitions and look forward to doi the same with the pending Pilot acquisition . " Net income ( in thousands ) Diluted earnings per share Adjusted EBITDA ( in thousands ) $ Exhibit 99.1 Three Months Ended October 31 , 2021 2020 Casey's 96,831 $ 2.59 $ 217,009 $ 111,983 3.00 223,231 $ $ $ 215,990 $ 5.78 $ 460,198 $ Six Months Ended October 31 , 2021 2020 232,575 6.24 460,986 Adjusted EBITDA ( reconciled later in the document ) was down slightly compared to the same period a year ago as higher gross profit from inside the store and fuel ( due to both strong same store volumes and new units ) was offset higher operating expenses due to higher wage rates and credit card fees as well as operating 161 additional stores ( or 7 % ) . Net income and diluted EPS in the second quarter were also impacted by higher depreciation expense due to operating more stores than last year .