AcquisitionCASY’s acquisition of CEFCO would include 198 retail stores in addition to a dealer network, and the company expects it to close in calendar Q4, which would bring CASY’s total store footprint to 2,900.
EarningsCASY delivered strong FQ1 EPS results that were ahead of both analyst and consensus estimates, reflecting share gains in fuel including robust fuel margins.
Strategic PlanThe bottom line is greater confidence in CASY's ability to drive further market share and execute on its multi-year strategic initiatives to create value in both the near- and long-term.