Casey's General Stores, Inc. (CASY)
The Company and its wholly owned subsidiaries operate convenience stores under the name 'Casey's General Store' which carry a selection of food, beverages, tobacco products, health and beauty aids, automotive products and other nonfood items.
Recs
Great track history.
Recs
CASY is one of the best companies in the USA. This has been voted on. Not only that they are a dominant force in Iowa. They pretty much are in every small town and are very prominent in the large cities too. Either they will keep growing or be a huge take over target - this would be done to get a great foothold in the Midwest. Plus they also pay a dividend.
Recs
E2008-09-04 10:30am Quite a runup. Overvalued? Perhaps. They have an investor's conference with Lehman on the 10th. For now it's a short.
Recs
Twenty one dollars, probably a good time to pick some of these shares cause they're gonna go back up again.
Recs
As margins improve, so will profits.
Recs
In most small towns in Iowa, Casey's is the only convenience store. They have been in this market for over 20 years. They sell tasty pizza and a LOT of gasoline. They also serve as the local gathering place for people to meet and drink coffee. The main competition for Casey's in Iowa is the privately held "Kum & Go" (http://www.kumandgo.com/) chain, but mainly just in the larger markets.
Recs
Weekly triangle $32-34; support ~$26
Recs
I have watched this company for twenty five years, It is strictly run and maintains good cash flow with low debt.
Recs
stroking it's customers right
Recs
good place to stop travelling midwest
Recs
‘Come once, Come again!’ Casey's General Stores, Inc. operates convenience stores in nine Midwest states in The U.S., including Iowa, Missouri, and Illinois. It offer gasoline for sale on a self-service basis, which constituted to almost 70% of the company’s revenue in 2006. In addition, stores carry a selection of food items (including freshly prepared foods such as pizza, donuts, and sandwiches), beverages, automotive products, and other non-food items.,
As company has its own fleet of trucks with installed information systems that provide real time data on inventory, it enables the procurement of gasoline at the lowest cost and at the right time.
Casey’s grocery revenues are expected to increase with the introduction of higher-margin products, such as bottled water, sports drinks, energy drinks, and wine at select stores. Strategically moving ahead company is also analyzing Point of sales data to replace some of the slower-turn grocery merchandise and replace it with faster-turn items. Discounting the same we expect the company to perform inline with its past performance.
Casey’s prepared food segment drives the company’s growth going forward as it generates the chain’s highest gross margin each year compared to other segments. Moreover, it also manages a rotating menu that reflects seasonal foods, new items, and shifts in dining trends. Now-a-days Made-to-order pizza is Casey’s signature product which lead to generate more loyal customers and makes Casey’s a dependable meal provider.
Recs
I know these stores because I live near their headquarters. They have always been well run and they just seem to have a knack for coming up with something innovative to cause people to want to stop and shop. #4 in estimated long term Revenue growth, so they should be a solid performer. Decent floor at 22.

RSS Headlines
Fool UK
- Show Me:
-
Outperform
-
Underperform
-
All
- Sort by:
-
Author
-
Recs
-
Date
-
Member Rating
-
Results 1 - 12 of 12