A convenience store operator in the southeastern United States. The company's stores market a broad selection of merchandise, gasoline and ancillary products and services designed to appeal to the convenience needs of their customers.
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I see a company which has made some aquisitions and is not paying off the debt from these to retool the stores under one brand name. Big future profits is what I belive the result will be.
This company has rallied over 60% because of takeover attempts for its rival CASY.However, PTRY and CASY are very different companies.1) PTRY is levered to the hilt, while CASY has a pristine balance sheet2) CASY generates much higher margins because… More
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