Financial research concept

Convenience Store Inside Gross Profit

measures inside-store revenue less related cost of goods sold across merchandise and prepared-food categories.

By Lee BaileyPublished Sep 26, 2026

Research context

See what supports this page, how current it is, and where comparable or historical context is available.

Research date: Sep 26, 2026Use the dated article and cited sources for the definition, examples, and stated limitations.
Operating-model context: 17 connected conceptsPart of the reviewed Convenience Store & Fuel Retail Economics; issuer definitions remain distinct where disclosed.
Company examples: 1 reviewed companyRelationships reflect supported examples, not a normalized cross-company KPI ranking.

The two categories sum to about $2.676 billion
Prepared food contributed disproportionately to gross profit
The mix explains the 42.2% blended inside margin
Part of the Convenience Store & Fuel Retail Economics
See It in Company Research
Continue Research

Convenience store inside gross profit combines Casey's prepared-food and grocery revenue less cost of goods sold, excluding depreciation and amortization.

Casey's reported $1.041 billion of prepared-food contribution and $1.635 billion of grocery and merchandise contribution in fiscal 2026.

The two categories sum to about $2.676 billion

Adding the disclosed amounts gives approximately $2.676 billion of inside gross profit.

That is a derived combination of Casey's two inside categories rather than a separately reported consolidated GAAP line item.

Prepared food contributed disproportionately to gross profit

Prepared food represented about 28.0% of inside sales but approximately 38.9% of inside gross profit.

Grocery and merchandise represented about 72.0% of inside sales and 61.1% of inside gross profit.

The mix explains the 42.2% blended inside margin

Use Convenience Store Inside Margin to connect the $2.676 billion gross-profit pool with the roughly $6.340 billion inside-sales denominator.

Primary source: Casey's General Stores 2026 Form 10-K.

Part of the Convenience Store & Fuel Retail Economics

Connects convenience-store inside sales and category contribution with retail fuel throughput, per-gallon economics, mature-store demand, unit productivity, and footprint growth.

Browse the full operating model in Company Analysis →

Where this concept fits

Inside sales mix and category contributionCurrent relationship
Inside sales combine grocery and general merchandise with prepared food and dispensed beverages. Category sales and category contribution margins determine how mix shifts change the economics of the inside-store basket.
Grocery & Merchandise Margin Grocery & Merchandise SalesInside Gross ProfitCurrent conceptInside Margin Inside Sales Prepared Food Margin Prepared Food Sales
Fuel throughput and per-gallon economics
Retail fuel economics depend on physical gallons and contribution per gallon. Average gallons per mature store and same-store gallon growth help separate unit productivity from footprint expansion.
Average Fuel Gallons per Store Fuel Gallons Sold Fuel Margin per Gallon Same-Store Fuel Gallons
Mature-store demand, unit productivity, and footprint
Same-store category growth shows demand within the mature base, while average sales and operating income show unit productivity and store count captures expansion of the network itself.
Average Inside Sales per Store Average Operating Income per Store Average Retail Sales per Store Same-Store Grocery Sales Same-Store Prepared Food Sales Store Count

See It in Company Research

These companies are examples of how the concept is reported or discussed in public filings. Definitions can differ by issuer; these links open company research rather than a normalized metric comparison.

CASYOpen operating-model research →17 of 17 reviewed concepts in Convenience Store & Fuel Retail EconomicsInside sales mix and category contribution7 of 7 bridge concepts supportedContinue through this bridge:Grocery & Merchandise Margin Grocery & Merchandise Sales Inside Margin Inside Sales Prepared Food Margin Prepared Food Sales

Continue Research

Continue from the concept into the Grizzly Bulls research surface that best matches the next question. These links are research continuations, not recommendations or required steps.

Continue Research

Compare public companies

Compare the prepared-food and grocery contributions that build Casey's $2.676B inside gross-profit pool.

Continue research

Explore more topics in the Financial Research Encyclopedia.