Casey's General Stores (CASY) saw its shares drop sharply by 5.01% during Wednesday's trading session, underperforming the broader market.
The decline came after the convenience store operator narrowed its full-year inside same-store sales growth outlook. The company now expects sales to rise between 3% and 4% for fiscal 2026, compared to its previous guidance of a 2% to 5% increase. This revision disappointed investors, leading to the stock's significant sell-off.
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