The Latest Breaking News from CASY

In the face of soaring inflation and repeated rate hikes, benchmark indices have witnessed an apparent freefall in 2022. However, investor sentiment toward consumer staples stocks remains intact. Therefore, fundamentally sound consumer staples stocks Casey's General Stores (CASY) and Ingles Markets (IMKTA) could be ideal buys in a challenging market.…

While the S&P 500 declined more than 18% year-to-date on concerns over several macroeconomic and geopolitical headwinds, shares of Energy Transfer LP (ET), Casey's General Stores (CASY), and Universal Logistics Holdings (ULH) have gained significantly. The fundamental strength of these stocks may allow them to see further gains in the…

Concerns about the Fed’s rate hikes and the slowing economy is clouding the markets. However, another solid job report came in for August, indicating the labor market’s strength. Amid this uncertain backdrop, we think these fundamentally sound stocks, Casey’s General (CASY), Flowers Foods (FLO), and TravelCenters of America (TA), might…

Amid the uncertain macroeconomic environment, the grocery/big-box retail industry has been thriving as the inelastic demand for the products these retailers sell is helping them pass on the rising prices to consumers. Therefore, fundamentally sound stocks from this hottest industry Walmart (WMT), Kroger (KR), Albertsons Companies (ACI), and Casey's General…

The economy witnessed a slight relaxation in inflation last month, but it is still running near 40-year highs. Amid such an inflationary scenario, grocery/big box retailers tend to hold up well due to stable consumer demand for their products. So, you could consider investing in BJ’s Wholesale Club Holdings (BJ),…

Despite another decline in GDP, the major indices are expected to post their best month since November 2020. And irrespective of the market volatility, mid-cap stocks are raking in significant gains. Thus, we think it could be wise to scoop up shares of mighty mid-cap stocks Acuity Brands (AYI), Boyd…

With inflation expected to have reached a new high in June, consumers saw the impacts on their spending as prices of gas, groceries, and household goods went up. However, amid this scenario, fundamentally sound grocery stocks Costco Wholesale (COST), Kroger (KR), and Casey's General (CASY) are poised to be resilient,…

Casey's General Stores Inc (NASDAQ:CASY) has launched new BBQ Brisket pizza. Like all Casey's pizzas, the BBQ Brisket pizza features made-from-scratch dough. The summer pie is topped with barbeque sauce, mozzarella and cheddar cheese, hand-trimmed brisket pieces, jalapenos, and red onion, and then drizzled with creamy ranch. Available for a limited time,…

Casey’s General Stores Inc (NASDAQ:CASY) reported fourth-quarter FY22 sales growth of 45.4% year-on-year to $3.46 billion, in line with the consensus of $3.46 billion. Inside same-store sales increased 5.2%. Inside gross profit rose 12.1% Y/Y to $409 million. Fuel gallons increased 1.5% on a same-store basis. Total fuel gross profit increased 27.2% to…