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.
Casey's General Stores (Nasdaq: CASY) announced its participation in the ICR Conference on January 13, 2021. The company provided third quarter-to-date fiscal 2021 results, indicating a decrease in same-store fuel gallons by low to mid-teens compared to Q3 2020, while fuel margins remain strong, over 30 cents per gallon. Inside same-store sales showed low single-digit growth, with grocery sales up mid-single digits but a decline in prepared food sales. Operating expenses rose slightly due to COVID-19 related costs. The acquisition of Buchanan Energy is under FTC review but is not expected to materially impact the deal.
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Casey’s General Stores (NASDAQ: CASY) has announced the launch of over 100 new private brand snack and beverage products, available in more than 2,300 stores starting January 2021. The expanded assortment includes snacks like chips, jerky, and nuts, alongside recently introduced packaged beverages and bakery items. This initiative aligns with Casey's strategic plan to enhance product offerings based on consumer insights. The updated branding debuted in October 2020, focusing on convenience and quality for a busy customer base.
Casey's General Stores (Nasdaq: CASY) has launched a month-long giving campaign in January, partnering with LIFEWTR to support K-12 public and nonprofit private schools across its 16-state operations. Customers can round up their purchases, with $1 donated for each LIFEWTR drink and Mega Slice purchased, up to $25,000. The company also continues its 'Cash for Classrooms' grant program, offering grants between $1,000 and $50,000 for various educational improvements, with recipients announced in March.
Casey's General Stores (CASY) reported strong financial results for Q2 and six months ended October 31, 2020. Diluted EPS rose to $3.00, up 36% from $2.21 YoY. Fuel gross profit surged 45% with a margin of 35.3 cents per gallon. Inside same-store sales increased by 3.5%, driven by improved sales across various categories. The Board increased the dividend by 6% to $0.34, payable February 15, 2021. Casey's is on track to finalize the acquisition of 94 Bucky’s stores, expected to be earnings accretive in fiscal 2022.
Casey’s General Stores, a leading convenience store operator, announces its '24 Days of Casey’s' campaign to celebrate the holiday season. From December 1 to December 24, daily offers will be available for Casey’s Rewards members through the app, featuring free snacks, drinks, and BOGO deals. Participants can win a $500 cash prize, with 24 winners total. The campaign aims to spread joy and includes seasonal beverage options and a DIY Donut Kit. Additionally, Casey’s will donate pizzas to local organizations as part of its 'Slice of Joy' initiative, supporting communities in need during the holidays.
Casey’s General Stores (CASY) will release its second-quarter fiscal year 2021 results after market close on December 7, 2020. A conference call is scheduled for December 8, 2020, at 7:30 AM CST, where the company will discuss these results. Investors can access a live webcast of the event on Casey’s Investor Relations webpage. In addition, Casey’s will participate virtually in the Stephens Annual Investment Conference on November 17, 2020, at 3 PM CST. The company operates over 2,200 convenience stores and is a key player in the U.S. retail market.
Casey’s General Stores (CASY) has announced its agreement to acquire Buchanan Energy, owner of Bucky’s Convenience Stores, in an all-cash deal worth $580 million, netting to $500 million after tax benefits. The purchase includes 94 retail locations and adds to Casey’s expansion into Illinois and Nebraska, raising its store count to over 2,300. The company anticipates $23 million in annual synergies by the third year post-acquisition, asserting that the deal is aligned with its strategic plan to enhance EBITDA growth and improve customer experience.
Casey’s General Stores (NASDAQ: CASY) is launching a fundraising initiative throughout November to support veterans and their families. Customers can contribute by rounding up their purchases and by participating in special offers, including a $1 donation for every large pizza and 2-liter Pepsi bought, with a total goal of $50,000. The initiative supports organizations like Hope For The Warriors and Children of Fallen Patriots, which provide scholarships and assistance to military families. Casey’s will also offer free coffee on Veterans Day, November 11, across over 2,200 locations.
Casey’s General Stores has launched a new Cash for Classrooms grant program aimed at supporting local schools in the U.S. The program will provide grants ranging from $1,000 to $50,000 to accredited K-12 public and private schools for various projects, including material needs and physical improvements. The application deadline is December 16, 2020, with awards announced in March 2021. Additionally, Casey’s will match guest donations to local schools through its rewards program during October and November.