Professional
Added to YB: 2025-08-15
Pitch date: 2025-07-30
CASY [neutral]
Casey's General Stores, Inc.
-1.6%
current return
Author Info
No bio for this author
Company Info
Casey's General Stores, Inc., together with its subsidiaries, operates convenience stores under the Casey's and Casey’s General Store names in the United States.
Market Cap
$19.2B
Pitch Price
$523.46
Price Target
N/A
Dividend
0.44%
Sector
Consumer Staples Distribution and Retail
Category
growth
Third Point New Position: Casey's General Stores, Inc.
CASY (new position): 3rd largest US convenience chain (2,900 locations) + 5th largest pizza chain. High margins from food strategy enables fuel discounts vs independents. Strong employee retention (40% more staff) drives food quality & customer loyalty. Expansion into South with Fike's acquisition (11x EBITDA, 7x post-pizza rollout) + Texas potential for 2,000 more units.
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