NEW YORK (MarketWatch) -- Casey's General Stores (CASY) said it discovered an accounting error that will lead it to revise its financial statements for the fiscal years 2012, 2013 and 2014, and the fiscal first quarter of 2015.
Casey’s General Stores, Inc. (Nasdaq: CASY) today reported diluted
earnings per share of $1.28 for the second quarter of fiscal 2015 ended
October 31, 2014, compared to $1.01 for the same quarter a year ago.
Casey’s General Stores, Inc. (“Casey’s” or the “Company”) (Nasdaq: CASY)
today announced that it will revise its financial statements for fiscal
years 2012, 2013 and 2014 and the first quarter of fiscal year 2015, due
to an inadvertent accounting and reporting error that occurred during
Cash America International, Inc. (NYSE: CSH) (“Cash America”) announced
the successful completion of the spin-off of Enova International, Inc.
(“Enova”), which will begin “regular way” trading today on the New York
Stock Exchange (“NYSE”) under the ticker symbol “ENVA.” Cash America’s
board of directors began evaluating strategic alternatives for the
possible separation of Enova in the spring of 2014, and in July it
announced its intent to pursue the spin-off of Enova into a separate
Cash America International, Inc. (NYSE:CSH) announced today that
reported net income attributable to the Company for the third quarter
ended September 30, 2014, was $9,916,000 (34 cents per share). During
the third quarter of 2014, management implemented plans that generated
$14.1 million in after tax expenses (48 cents per share) related to the
sale of non-strategic operations, the early extinguishment of long-term
debt and to complete a corporate reorganization to create efficiencies
in its Retail Services segment.
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