Caseys Gen Stores Stock Price, News & Analysis

Casey’s General Stores (NASDAQ: CASY) will announce its fourth quarter fiscal 2021 results on June 8, 2021, after market close. A conference call for discussing these results will take place on June 9, 2021, at 7:30 am CST. Interested parties can access a live webcast on Casey's Investor Relations webpage. The company operates over 2,300 convenience stores and is recognized as a leading retailer in this sector, as well as the fifth-largest pizza chain in the U.S.

Casey’s General Stores, Inc. (Nasdaq: CASY) has successfully completed the acquisition of Buchanan Energy, enhancing its presence in the Midwest, particularly in Nebraska and Illinois. This significant milestone marks the largest transaction in Casey's 52-year history, aligning with their strategic goal to add 345 stores by 2023. Casey's will divest six stores as required by the Federal Trade Commission, which won't materially affect the transaction's financial impact. The acquisition expands Casey's store count to over 2,300 and aims to integrate Bucky’s successful business model.

Casey’s (NASDAQ: CASY) is launching the 'Summer of Freedom' campaign, offering customers a chance to win a hometown concert featuring country artist Lee Brice. The sweepstakes runs from May 3 to September 7, 2021, enabling Casey’s Rewards members to win instant prizes while shopping. Featured promotions include the Lee Brice Combo for $5 and a Pizza Deal for $24.99. Casey’s encourages participation through purchases of food, drinks, and fuel, with rewards accumulating for sweepstakes entries. This initiative aims to enhance customer engagement and boost sales during the summer months.

Casey’s (NASDAQ: CASY) is hosting its ‘Here For Good’ Hiring Day on May 13, aiming to fill 5,000 positions across nearly 2,300 stores in 16 states. Open interviews will occur from 11 a.m. to 7 p.m. local time, seeking applicants for various roles including store staff, distribution, and support positions. Chad Frazell, Chief Human Resources Officer, emphasizes growth opportunities and flexible job hours as key benefits for prospective applicants.

Casey’s General Stores (NASDAQ: CASY) has appointed Paul Suarez as its first chief information security officer, enhancing its cybersecurity capabilities. With 35 years of experience in cybersecurity, Suarez will lead a new security team and collaborate with Chief Information Officer Adrian Butler. Previously, he served as the CISO for Walmart International and has extensive experience in telecommunications and network operations. His role will significantly impact Casey’s strategic plan by strengthening its security measures while maintaining the focus on guest safety and community service.

Casey’s General Stores (NASDAQ: CASY) has inaugurated a new $62 million distribution center in Joplin, Missouri, creating 125 jobs in the region. This facility is their third distribution center and aims to support 400 to 600 stores, complementing Casey's operations of over 2,200 convenience stores across the Midwest and South. The site is integral to Casey’s strategy for rapid store growth over the next two years, enhancing logistical capabilities and community support.

Casey’s General Stores (NASDAQ: CASY) launches new cheesy breadsticks made from scratch, featuring fresh dough and whole milk mozzarella cheese. The cheesy breadsticks, available in an 8-stick order with dipping sauces, promote a special price of $3.99 until May 31. As the fifth-largest pizza chain in the U.S., Casey’s emphasizes fresh food options, aiming to enhance customer experience with quality products. The initiative includes engaging customers through Casey’s Rewards, rewarding users with bonus points for purchases.

Casey’s General Stores (NASDAQ: CASY) has announced an agreement to acquire 49 stores in Oklahoma from Circle K Stores Inc. for $39 million in cash. The deal involves 46 leased and 3 owned properties, expected to close in the fiscal quarter ending July 31, 2021. The new stores will be supplied by Casey’s distribution center in Joplin, MO, enhancing their operational capacity and market presence.

Casey's General Stores (CASY) reported strong financial results for Q3 and nine months ending January 31, 2021. Diluted EPS rose to $1.04 from $0.91, a 14% increase. Fuel gross profit surged 37% with a margin of 32.9 cents per gallon, despite a 12.1% decrease in same-store fuel sales. Inside same-store sales grew by 2.1%, driven by digital sales rising 95%. The company maintains a robust balance sheet with $865 million in liquidity and plans to construct 40 new stores this fiscal year. A quarterly dividend of $0.34 per share is scheduled for May 17, 2021.