Welcome to our dedicated page for Caseys Gen Stores news (Ticker: CASY), a resource for investors and traders seeking the latest updates and insights on Caseys Gen Stores stock.
The Casey’s General Stores Inc (CASY) news page on Stock Titan aggregates company announcements, earnings releases and corporate updates for this Fortune 500 convenience store and pizza retailer. Casey’s operates approximately 2,900 convenience stores and describes itself as the third-largest convenience store retailer and fifth-largest pizza chain in the United States, so its news flow often centers on store performance, food innovation and community initiatives.
Investors and followers of CASY can use this news feed to review quarterly and annual earnings results, where Casey’s reports metrics such as inside sales, prepared food and dispensed beverage performance, grocery and general merchandise trends, fuel gallons sold and fuel margins. These releases also discuss store count changes driven by new construction and acquisitions, as well as liquidity, capital spending, dividends and share repurchases.
Beyond financial results, Casey’s issues news about its food offerings and brand campaigns. Recent examples include the debut of the Barn Burner Chicken Pizza, created through the company’s annual pizza competition, and promotions around breakfast pizza tied to sports seasons. These stories illustrate how Casey’s uses its prepared food platform and pizza lineup to attract guests and differentiate its stores.
Casey’s news also highlights community and partnership efforts, such as the Cash for Classrooms round-up campaign benefiting schools, tuition giveaways with beverage partners, and fundraising for military-focused nonprofits and service dog programs. Together, these updates provide context on how Casey’s operates its convenience stores, manages its food and fuel businesses, and engages with the communities it serves. Bookmark this CASY news page to quickly access the latest company-issued information in one place.
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Casey’s (NASDAQ: CASY) has announced the launch of the PEPPERONI PEPPERONI PEPPERONI Challenge, starting from April 11-25. This engaging challenge invites customers to record themselves saying "pepperoni" as many times as possible within 10 seconds to win free pizza, Rewards points, and other prizes through the Casey’s app.
Additionally, Casey’s has recently introduced a new pizza, the PEPPERONI PEPPERONI PEPPERONI, featuring various types of pepperoni on made-from-scratch dough, priced at $16.99. The challenge aims to promote this limited-time product while increasing engagement with Casey’s Rewards, which now boasts over 6 million members. Participants can engage daily, sharing videos on their social media for a chance to win.
Engine Capital LP, a 2.0% shareholder of Parkland Corporation (TSX: PKI), has urged its Board to explore strategic alternatives to enhance shareholder value. Engine believes Parkland could be valued at $45 per share if non-core assets are sold or spun off, thereby focusing solely on fuel and convenience retailing. Parkland's stock has underperformed compared to peers, trading at a significant discount with a market cap of approximately $4.9 billion. Engine recommends that the Board adopt best governance practices, refresh its leadership, and align management compensation with shareholder interests.
Casey's General Stores reported strong financial results for the three and nine months ended January 31, 2023. Diluted EPS rose 56% year-over-year to $2.67, aided by a $0.31 benefit from a one-time legal expense reduction. Inside same-store sales increased by 5.6%, with total inside gross profit climbing 11.6% to $450.6 million. Total fuel gross profit also rose 10.4% to $262.6 million despite a slight decline in same-store fuel gallons sold. Operating expenses surged by approximately 5%, although a one-time legal matter relief helped manage costs. Casey's anticipates same-store inside sales growth of 6% to 7% for the fiscal year.
Casey’s partners with Monster Energy to combat food insecurity, aiming to provide 10 million meals for children and families from now until April 4. The initiative will benefit 53 Feeding America® food banks across 16 states where Casey's operates. Casey's guests can contribute by rounding up their purchases, donating during online orders, or participating in the 'Buy a Meal, Give a Meal' campaign. The campaign underscores the ongoing challenge of food insecurity, particularly among rural communities, where approximately one in eight children are at risk of hunger.
Casey’s (NASDAQ: CASY) introduces the limited-time PEPPERONI PEPPERONI PEPPERONI pizza, enhancing their menu with three types of pepperoni, catering to fans during the busy basketball season. This pizza features made-from-scratch dough, marinara sauce, and mozzarella cheese for a bold taste. Available exclusively to Casey’s Rewards members from today, it will fully launch on March 1 until June 20 for $16.99 per large pie. Customers can also add an eight-count order of chicken wings for just $5 with any large pizza. To support this launch, Casey’s has engaged Tombras as their new marketing agency.