Convenience store prepared food margin measures prepared-food and dispensed-beverage revenue less related cost of goods sold as a percentage of category revenue.
Casey's reported 58.6% for fiscal 2026.
The margin reconstructs from category dollars
Prepared-food revenue was $1.777 billion and revenue less cost of goods sold was $1.041 billion.
Dividing $1.041 billion by $1.777 billion gives approximately 58.6%.
Prepared food carried a 22.8-point margin premium to grocery
Grocery and merchandise margin was 35.8%.
The 22.8-percentage-point spread explains why prepared food represented only about 28.0% of inside sales but roughly 38.9% of inside gross profit.
The ratio is not restaurant operating margin
Casey's category cost excludes depreciation and amortization and does not include all store operating expenses.
Use Convenience Store Inside Margin for the blended store-inside economics.
Primary source: Casey's General Stores 2026 Form 10-K.
Part of the Convenience Store & Fuel Retail Economics
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- 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 MarginGrocery & Merchandise SalesInside Gross ProfitInside MarginInside SalesPrepared Food Sales
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Compare prepared-food's 58.6% margin with grocery's 35.8% and the resulting gross-profit mix.
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