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.
Casey's General Stores (NASDAQ: CASY) provides investors and stakeholders with timely updates through this dedicated news hub. Track official press releases, financial disclosures, and strategic developments from the Midwest convenience retail leader known for integrating fuel services with grocery essentials and prepared foods.
This resource consolidates all CASY-related announcements including quarterly earnings, store expansions, operational improvements, and community initiatives. Users gain efficient access to primary source materials while maintaining perspective on the company's small-town market focus and supply chain management strategies.
Key updates cover fuel pricing trends, in-store sales performance, distribution network enhancements, and leadership changes. Content is curated to support informed analysis of CASY's position in the competitive convenience retail sector without speculative commentary.
Bookmark this page for streamlined tracking of Casey's growth in rural markets and operational milestones. Check regularly for verified updates directly impacting investment research and market analysis.
Casey's Cash for Classrooms grant program is now accepting applications for 2022, running from October 1 to November 30, 2021. The initiative supports K-12 education projects in Casey’s communities, building on last year’s $1 million awarded across 99 grants. Grants range from $3,000 to $50,000 for various educational needs, including pandemic-related changes. Awards will be announced in February and March of 2022, with more details available at caseys.com/community.
Casey’s General Stores (NASDAQ: CASY) has announced its acquisition of 40 Pilot convenience stores for $220 million. This all-cash transaction will enhance Casey’s presence in Tennessee and Kentucky, particularly in the Knoxville area. The acquisition aims to integrate high-performing stores into Casey’s fresh food program, highlighting their handmade pizza offerings. The deal is expected to be funded through cash and bank financing, pending regulatory approvals.
Casey’s has introduced its first-ever handmade breakfast lineup at over 2,300 stores, featuring the Signature Handheld, Loaded Breakfast Burrito, and Loaded Breakfast Bowl. These offerings are designed for convenience, catering to busy morning routines. A recent survey indicates that 70% of Americans consider breakfast essential, with many seeking quick solutions. Additionally, Casey’s is promoting its new bean-to-cup coffee and celebrating the 20th birthday of its iconic breakfast pizza with special discounts. Promotions include a free coffee with purchases and discounts on breakfast pizza.
Casey's General Stores (CASY) reported strong first-quarter financial results for the period ended July 31, 2021. Inside same-store sales rose 8.0% with total gross profit increasing 16.7% to $463.5 million. Fuel gallons sold also grew by 9.0%, boosting fuel gross profit by 11.6% to $234.5 million. However, diluted EPS slightly decreased to $3.19 from $3.24 due to higher depreciation expenses from operating 166 additional stores. The company announced a dividend increase to $0.35 per share for the 22nd consecutive year and maintained its fiscal 2022 outlook.
Casey's General Stores (NASDAQ: CASY) plans to release its first quarter fiscal 2022 results post-market close on September 7, 2021. A conference call and webcast will follow on September 8 at 7:30 AM Central Time, allowing stakeholders to review the quarterly results. The live event will be available on Casey’s Investor Relations webpage, with an audio replay accessible for twelve months thereafter.
Casey’s has launched a new giving campaign to support local schools across 16 states through its Cash for Classrooms Grant Program. Customers are encouraged to round up their purchases to contribute to the initiative. In addition, Keurig Dr Pepper will donate $1 for every CORE Hydration water combo sold, up to $25,000, while Casey’s will donate $1 for every large pizza sold on August 30, up to $100,000. In 2021, the program awarded $1 million through 99 grants focusing on various educational needs.
Casey’s General Stores (NASDAQ: CASY) has appointed Gregory A. Trojan to its Board of Directors, expanding the board to ten members. With over 25 years of experience in retail and restaurant sectors, Trojan brings significant expertise, previously holding leadership roles at BJ’s Restaurants, Guitar Center, and PepsiCo. Board Chair Lynn Horak anticipates that his diverse consumer-focused experience will greatly benefit Casey’s growth. CEO Darren Rebelez expresses confidence in leveraging Trojan’s industry insights to enhance the company's foodservice programs and retail leadership.
Casey's General Stores reported Q4 and FY 2021 results, showing diluted EPS of $1.12 and $8.38 respectively. Fuel margin decreased to 33.0 cents per gallon, with fuel same-store gallons sold rising 6.4%. Inside same-store sales surged by 12.8%, driven by improved guest counts and strategic sourcing initiatives. Annual digital sales jumped 96%, with 3.6 million rewards members. The Buchanan Energy acquisition is expected to add $45 million in annual EBITDA. However, operating expenses increased significantly, anticipated to rise by mid-teen percentages in FY 2022.
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.
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