Customer donations help send children to MDA Summer Camp. Casey’s General Stores Inc. with help from Casey’s customers has raised more than $750,000 to support the Muscular Dystrophy Association (MDA). Throughout the month of August and concluding on Labor Day, Casey’s customers were asked to donate $1 or $5 to help send a child to [...]
Kum & Go divests 22 sites to Casey’s General Stores. Casey’s General Stores is officially moving into the North Dakota market as it acquires 22 stores from Kum & Go. The stores are located in Iowa (19), Missouri (2) and North Dakota (1). “These stores are an excellent fit to our existing store base and [...]
AllOver Media acquires GSA Media to gain dominance in the fast-growing gas station advertising market. AllOver Media Inc. recently acquired GSA Media, a division of Brite Media Group, to solidify its place in the gas station advertising market. Tony Jacobson, founder and CEO for AllOver Media, said this acquisition is important for the company’s plans [...]
Pizza sales are up at Casey’s thanks to the expansion of its pizza delivery service. Casey’s General Stores Inc. noted a 16.8% jump in same-store sales for its prepared food and fountain line when it reported its earnings results earlier this week. The expansion of the Casey’s pizza delivery program played a big factor in [...]
Casey’s reports significant sales and margin gains in its fiscal fourth-quarter. Casey’s General Stores Inc. reported a 1.4% increase in earnings for the fiscal fourth-quarter due to strong sales and higher margins inside its stores, which offset impacts of lower gasoline margins. The Iowa-based company’s revenue has grown for more than two years due to [...]
Construction is set to start on first Tennessee store in Dyersburg this June. Casey’s General Stores Inc. has completed its final due diligence and will break ground on its first site in Tennessee in June. This store will be located in Dyersburg, Tenn. and will mark the 13th state in Casey’s area of operations. “We [...]
Casey’s annual goal is to increase same-store sales 5.8% with an average margin of 32.8%, and to grow it’s store count by 4-6%. Casey’s General Stores Inc. is off to a strong start in fiscal 2012 strong with a “record quarter.” The c-store chain has reported basic earnings per share of $1.04 for the first [...]
Casey’s General Stores has acquired a Market Express convenience store on the east side of Marion, Iowa, for $1,025,000, The Gazette reported. The 4,000-square-foot Conoco-branded station and the adjacent 900-square-foot car wash were purchased from NH Petroleum LLC last month, according to Linn County Assessor records. The Market Express store was built in 1996 and [...]
Ankeny, Iowa-based Casey’s General Stores Inc. released the results of its second quarter of fiscal 2011 ended Oct. 31, 2010. Casey’s reported 51 cents in basic earnings per share during the period and approximately $19.4 million in expenses pertaining to the company’s recapitalization plan completed in the second quarter, as well as the unsolicited hostile [...]
Casey’s General Stores Inc. has hired Catchfire Media, a social media firm, to manage social marketing strategies and technology solutions for its 1,637 c-stores. “We have loyal and passionate customers who want to communicate with us on the social Web, and our partnership with Catchfire Media will help us achieve that goal,” said Cory Hart, [...]
7-Eleven Inc. has confirmed that discussions with Casey’s General Stores Inc. regarding a potential transaction have terminated. 7-Eleven made a preliminary proposal of $40 per common share for a consensual transaction on Sept. 2, 2010. After completing additional due diligence, 7-Eleven raised its offer to $43 per common share. 7-Eleven believes its revised proposal fairly [...]
Casey’s General Stores Inc. has rejected a $43-per-share offer by 7-Eleven and ended talks with the convenience store operator owned by Japan’s Seven & I Holdings, Reuters reported. Shares of Casey’s dropped 5% after it announced the revised offer did not reflect its full value and growth opportunities. In early September, 7-Eleven made a non-binding [...]
Casey’s General Stores Inc. has signed an asset purchase agreement to acquire up to 44 Kabredlo’s locations. The 44 stores include 22 in Nebraska, 21 in Kansas and one in Oklahoma. All of the locations acquired will be converted to Casey’s General Stores. For the 12 months ended June 30, 2010, these stores generated annual [...]
Ankeny, Iowa-based Casey’s General Stores Inc. has completed the acquisition of six convenience stores in Iowa owned by J.D. Carpenter Companies Inc. The stores operate under the Short Stop banner and are expected to be immediately rebranded to Casey’s. “After approaching Short Stop nearly three months ago, we were pleased with how smoothly the process [...]
Casey’s General Stores Inc. has entered into an agreement to purchase up to 19 convenience stores in Illinois owned by Harper Oil Co. Inc. The stores are currently operated under the “On The Way” banner and will be rebranded to Casey’s. Harper, which owns other On The Way stores, plans to continue to operate its [...]