|Over a week ago|
Casey's General Stores partners with RangeMe » 08:2606/2206/22/20
RangeMe announced a…
RangeMe announced a partnership with Casey's General Stores. Through this new technology partnership, Casey's will be able to streamline and scale their current product sourcing initiatives as well as tap into the pipeline of innovative products and leverage the industry insights RangeMe provides. Operating in 16 states with more than 2,200 stores, partnering with RangeMe also helps Casey's move forward on a new strategic initiative that reimagines how their stores are merchandised. This ultimately will provide increased direct access to suppliers and products that will help them tailor their product mix and create localized assortments.
Fly Intel: After-Hours Movers » 19:3806/0806/08/20
PHR, M, SMG, CFRX, WEN, AGIO, UBA, UBP, SFIX, COUP, CASY, SLNO, SRC, VG, BILL, MLAB, PS
Check out this evening's…
Casey's General Stores not providing FY21 guidance » 16:3906/0806/08/20
The company states:…
The company states: "Due to the continued uncertainty of COVID-19, guidance for FY21 will not be provided at this time. This will be reevaluated as conditions warrant."
Casey's General Stores reports Q4 SSS down 14.7% » 16:0506/0806/08/20
Q4 Grocery and Other…
Q4 Grocery and Other Merchandise SSS were up 1.9% and Prepared Food and Fountain SSS were down 13.5%.
Casey's General Stores reports Q4 EPS $1.67, consensus $1.79 » 16:0406/0806/08/20
Reports Q4 revenue…
Reports Q4 revenue $1.81B, consensus $1.76B. "The COVID-19 pandemic has created unprecedented challenges globally. I am exceptionally proud of our team members, who have risen to the challenge to safely serve our guests throughout this period," said Darren Rebelez, CEO. "While it is difficult to predict the future impact of this crisis, we are confident that our adaptive business model, the agility of our team members, and our financial strength provides us the resiliency to operate in the current environment."
Notable companies reporting after market close » 12:4406/0806/08/20
COUP, CASY, SFIX
Notable companies reporting after the market close, with earnings consensus, include Coupa Software (COUP), consensus 7c... Casey's General Stores (CASY), consensus $1.79... Stitch Fix (SFIX), consensus (16c).
Casey's General Stores price target raised to $196 from $175 at Jefferies » 08:1706/0406/04/20
Jefferies analyst Christopher Mandeville raised the firm's price target on Casey's General Stores to $196 from $175 and keeps a Buy rating on the shares ahead of the company's Q4 earnings report, which he expects to feature a "likely sizable beat" on EPS driven by record fuel margins. More importantly, he expects a "potentially solid" quarter-to-date update on prepared food comps based on his talks with convenience store contacts. Given confidence in a more swift recovery post-COVID, he has raised his estimates for FY21 above consensus and said Casey's remains his top pick.
|Over a month ago|
Casey's General Stores price target raised to $175 from $170 at Deutsche Bank » 07:1406/0206/02/20
Deutsche Bank analyst…
Deutsche Bank analyst Paul Trussell raised the firm's price target on Casey's General Stores to $175 from $170 and keeps a Buy rating on the shares ahead of the company's Q4 results. The analyst increased his Q4 earnings per share estimate above consensus to $1.62 citing strong fuel margins and likely better than expected in-store sales.
Casey's General Stores names Adrian Butler as chief information officer » 15:3206/0106/01/20
Casey's General Stores (CASY) announced that Adrian Butler has joined the company as chief information officer. This is a newly created role that will lead the effort to advance next generation technology at the fourth largest convenience retailer. Butler will report to CEO Darren Rebelez. Butler most recently served as senior vice president and chief information officer at Dine Brands (DIN).
Casey's General Stores appoints Ena Williams as COO, Steve Bramlage as CFO » 17:0505/1305/13/20
Casey's General Stores (CASY) announced two additions to its executive leadership team, as it executes its three-year strategic plan shared in January. The additions include Ena Williams as COO and Steve Bramlage as CFO, each effective June 1. Williams fills a newly created role, and Bramlage succeeds former CFO Bill Walljasper, who announced his retirement earlier this year. Williams and Bramlage will report to CEO Darren Rebelez, and Walljasper will remain with the company as executive advisor to assist with the transition. Williams and Bramlage will accelerate several initiatives in the strategic plan. Specifically, these additions will lead to the establishment of a mergers and acquisitions team, and enhanced operational efficiencies including asset protection and centralized procurement. Steve Bramlage will steward Casey's financials and build upon the company's fiscal discipline and financial management. Bramlage was most recently the CFO at Aramark (ARMK). In that role he helped the company balance and strengthen revenue, margin, EBITDA, and free cash flow, while improving financial flexibility and making several strategic acquisitions. Ena Williams will lead Casey's 2200-plus store network across 16 states. She will oversee store operations, fuel procurement and delivery, operational excellence, new store development, and transportation and distribution. Williams spent a decade at 7-Eleven and served as senior VP and head of international. In this role, she directed global functions, including merchandising, marketing, logistics, human resources and financial analysis, in addition to global operations, licensing and expansion.