AllAnalyst Report
logoMorningstarSeptember 25, 2024

Casey's General Stores, Inc.: Casey's Looks Poised to Continue Consolidating the Convenience Store Industry in the Rural Midwest

Symbols
CASY
Sector(s)
Consumer Cyclical
Rating
Current Price
$373.76
Fair Value
Economic Moat
Stewardship
Summary

Casey’s serves as the nation’s third-largest convenience store chain with its more than 2,600 locations primarily positioned in the Midwest United States. About half of Casey’s stores are located in rural towns with populations under 5,000. While fueling stations serve as a key traffic driver, about two thirds of the company’s gross profit stems from in-store sales of grocery items, prepared meals, and ge

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