Casey’s General Stores shares traded 10.70% lower at $655.00 on Wednesday after the convenience-store operator reported fiscal first-quarter earnings and revenue above consensus estimates, while 3.2% inside same-store sales growth missed analyst expectations. Earnings per share were $7.37 versus the $6.72 consensus estimate, and revenue reached $5.678 billion versus expectations of $5.568 billion. Wells Fargo subsequently lowered its price target to $750 from $960. Casey’s maintained fiscal 2027 guidance for 2% to 5% inside same-store sales growth and approximately flat fuel volumes, and plans to open at least 120 stores through acquisitions and new construction.