Company Overview - Casey's General Stores operates a chain of 2900 roadside convenience stores across 19 states, primarily in small towns [1] - The company strategically targets smaller markets, establishing its gas stations and convenience stores with fresh hot food as a significant attraction [2] Stock Performance - Casey's stock has increased by almost 2400% over the past 20 years [1] - The stock is up 94% since the analyst started recommending it two years ago, outperforming the S&P 500 [4] - Despite a surge in early June, the stock traded sideways for most of the summer, remaining approximately 10 points below its July highs, but still up 30% for the year [4] Financial Results - The company reported excellent quarterly results, exceeding expectations for both top and bottom lines [5] - Revenue grew by 115%, with all individual business lines performing stronger than anticipated [5]
Casey's is a spectacular regional to national growth story, says Jim Cramer
CNBC Televisionยท2025-09-10 00:05