You Might Think Casey's Makes All Its Money From Fuel Sales, But 63% of Its Profits Come From Somewhere You Might Not Expect
Casey’s(CASY) The Motley Fool·2024-02-10 06:45
Home to over 2,500 convenience stores across the United States -- making it the third largest c-store chain in the country -- Casey's General Stores (CASY 0.50%) is instantly recognizable to most fuel-pumping customers across the Midwest. However, despite these steady fuel sales, Casey's operations inside its stores are what makes it a compelling investment proposition.While it is not a groundbreaking notion to learn that convenience stores lean upon sales of food and beverage products to boost their profit ...