Latest news with #CASY
Yahoo
15-07-2025
- Business
- Yahoo
Is Casey's General Stores (CASY) Stock Outpacing Its Retail-Wholesale Peers This Year?
For those looking to find strong Retail-Wholesale stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Casey's General Stores (CASY) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Retail-Wholesale sector should help us answer this question. Casey's General Stores is one of 204 individual stocks in the Retail-Wholesale sector. Collectively, these companies sit at #12 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Casey's General Stores is currently sporting a Zacks Rank of #2 (Buy). Over the past three months, the Zacks Consensus Estimate for CASY's full-year earnings has moved 0.5% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend. Our latest available data shows that CASY has returned about 32.1% since the start of the calendar year. In comparison, Retail-Wholesale companies have returned an average of 5.1%. This shows that Casey's General Stores is outperforming its peers so far this year. Another stock in the Retail-Wholesale sector, Driven Brands Holdings Inc. (DRVN), has outperformed the sector so far this year. The stock's year-to-date return is 9.9%. Over the past three months, Driven Brands Holdings Inc.'s consensus EPS estimate for the current year has increased 3.3%. The stock currently has a Zacks Rank #1 (Strong Buy). Looking more specifically, Casey's General Stores belongs to the Retail - Convenience Stores industry, which includes 2 individual stocks and currently sits at #94 in the Zacks Industry Rank. Stocks in this group have gained about 13.5% so far this year, so CASY is performing better this group in terms of year-to-date returns. In contrast, Driven Brands Holdings Inc. falls under the Automotive - Retail and Wholesale - Parts industry. Currently, this industry has 7 stocks and is ranked #44. Since the beginning of the year, the industry has moved +13.8%. Going forward, investors interested in Retail-Wholesale stocks should continue to pay close attention to Casey's General Stores and Driven Brands Holdings Inc. as they could maintain their solid performance. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Casey's General Stores, Inc. (CASY) : Free Stock Analysis Report Driven Brands Holdings Inc. (DRVN) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
07-07-2025
- Business
- Yahoo
Casey's General Stores, Inc (CASY): A Bull Case Theory
We came across a bullish thesis on Casey's General Stores, Inc on Pitchstack Investing Substack by Pitchstack Investing. In this article, we will summarize the bulls' thesis on CASY. Casey's General Stores, Inc's share was trading at $ 506.31 as of 18th June. CASY's trailing and forward P/E were 34.58 and 31.95 respectively according to Yahoo Finance. A busy grocery store aisle stocked with the company's weight management products. Casey's General Stores operates a large chain of convenience stores across the U.S., with a focus on food, beverages, and fuel. Its strategic emphasis lies in serving rural and underserved markets, a move that has proven effective in driving steady foot traffic and loyalty. Notably, 75% of its store traffic stems from non-fuel purchases, which are considerably more profitable, generating industry-leading margins of 41%. Among these offerings, the prepared food and beverage category stands out as a key growth engine. In Q1 2025, this segment delivered an impressive 58% gross margin, underscoring Casey's ongoing shift toward higher-margin products that elevate its overall profitability profile. The company's commitment to a vertically integrated operating model—owning both its distribution centers and store real estate—provides significant competitive advantages. This integration enhances supply chain control, improves cost efficiencies, and enables rapid responsiveness to market dynamics, particularly important in inflationary or supply-constrained environments. Casey's approach positions it well to weather economic fluctuations while maintaining strong margins and consistent customer traffic. The expanding portfolio of prepared meals and private-label offerings not only supports margin expansion but also builds brand loyalty and differentiates the chain in a fragmented convenience store landscape. With a clear strategy, strong operational backbone, and proven ability to execute in niche markets, Casey's stands out as a resilient and opportunistic player. Its focus on high-margin segments and cost-efficient operations presents an appealing investment case, offering both stability and growth potential in a defensive yet evolving retail sector. Previously we covered a bullish thesis on Casey's General Stores, Inc. by Two Natural Capital in May 2025, which highlighted the company's dominance in rural markets, its transformation into a food-first operator, and strategic acquisitions like Fikes Wholesale to accelerate store growth. The company's stock price has appreciated approximately by 9% since our coverage. This is because the company's growth initiatives and food-led strategy have continued to deliver. The thesis still stands as Casey's maintains operational discipline, margin strength, and geographic expansion. Pitchstack Investing shares a similar view but emphasizes the benefits of vertical integration and non-fuel margin resilience. Inc. is on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 328 hedge fund portfolios held AMZN at the end of the first quarter, which was 339 in the previous quarter. While we acknowledge the risk and potential of AMZN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
07-07-2025
- Business
- Yahoo
Earnings Growth & Price Strength Make Casey's General Stores (CASY) a Stock to Watch
Building an investment portfolio from scratch can be difficult, especially if you're new to investing. It's easy to feel overwhelmed with so many different investment options out there, but focusing on stocks that are set to outperform the market over the next 12 months is an excellent place to start. Now, let's break down why adding this one exceptional stock, highlighted below, to your portfolio could be a recipe for success. Founded in 1959 and based in Ankeny, IA, Casey's General Stores, Inc. operates convenience stores under the Casey's and Casey's General Store names in 17 states, mainly Iowa, Missouri and Illinois. As of April 30, 2025, the company operated 2,904 stores. Since being added to the Zacks Focus List on August 20, 2019 at $171.98 per share, shares of CASY have increased 200.75% to $517.23. For fiscal 2026, two analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.03 to $15.68. CASY boasts an average earnings surprise of 22.4%. Earnings for Casey's General Stores' are forecasted to see growth of 7.1% for the current fiscal year as well. Since stock prices respond to earnings estimate revisions, it can be very profitable to buy stocks with an increased earnings outlook. By buying a Focus List stock like CASY, then, you're likely getting into a company whose future earnings estimates will be raised, potentially leading to price momentum. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Casey's General Stores, Inc. (CASY) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
12-06-2025
- Entertainment
- Yahoo
Strawberry Festival draws a crowd after CASY lends a hand
TERRE HAUTE, Ind. (WTWO/WAWV) — Terre Haute's way of kicking off the summer took place Thursday with the annual Strawberry Festival. Put on by First Congregational Church, the event took over downtown Terre Haute for the 38th annual year. For just $10, people can purchase a ticket for 'The Works.' That includes biscuits, topped with strawberries, ice cream, and whipped cream. While enjoying that treat, there are tables with tents and live music. Gwen Hicks is a co-chair of the festival. She said the event was almost cancelled, but residents are sure glad it continued. 'It's just an annual event and we just feel that it means so much to so many', Hicks said. 'Today, I've had so many people tell me that they're so glad we're back and that we didn't cancel. It just means so much for me to be here this summer.' The event had been cancelled this year until Chances and Services for Youth, or CASY, stepped up to help out. CASY's Chief Operating Officer, Brandon Halleck, said they provided some much-needed financial support and helping hands for the day. 'When they made the announcement that they weren't going to have it after 37 years, we kind of sat back and thought how can we let this happen when it's such a staple in our community', Halleck said. 'Everybody looks forward to the strawberry festival, it kind of kicks off summer for us. As an agency, we were kind of kicking around the idea then made a couple of phone calls to the church and now we're here today.' The festival took place from 10 a.m. to 6 p.m., where Hicks said a huge crowd had been enjoying the weather and treats all day. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
10-06-2025
- Business
- Yahoo
Casey's General Stores Stock Hits All-Time High on Results, Lifted Dividend
Casey's General Stores exceeded earnings and revenue forecasts on strong in-store and fuel sales. The convenience store operator also raised its dividend by 14%. Shares of Casey's General Stores traded at a record high following the of Casey's General Stores (CASY) traded at an all-time high Tuesday, a day after the operator of convenience stores posted better-than-expected results and raised its dividend on strong in-store and fuel sales. The company reported fiscal 2025 fourth-quarter earnings per share (EPS) of $2.63, beating the average estimate of analysts surveyed by Visible Alpha by $0.67. Revenue grew 11% year-over-year to $3.99 billion, also ahead of forecasts. Inside sales were up 12% to $1.41 billion, "driven by strong performance in bakery and hot and cold food in the prepared food and dispensed beverage category as well as non-alcoholic beverages." Fuel gallons sold jumped 18% to 818.6 million, mostly driven by the addition of new stores. Casey's added 246 locations from the year before, which made up 12% of the 14.5% increase in operating expenses (OpEx). CEO Darren Rebelez said the company had "another record fiscal year as our team continued to execute on our three-year strategic plan." Casey's board also approved an increase in the quarterly dividend to $0.57 per share from the previous $0.50. For fiscal 2026, the company sees EBITDA 10% to 12% higher, with inside same-store sales to rise 2% to 5%. It anticipates same-store fuel gallons sold to range from negative 1% to positive 1%. Casey's General Stores shares soared more than 15% Tuesday morning and have risen nearly 30% this year. Read the original article on Investopedia Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
