Casey’s takes on a 12th state as it prepares to break ground on its new Kentucky store. Casey’s General Stores Inc. has announced that the company has completed its final due diligence and will break ground on its first site in Kentucky later this month. This store will be located in Cadiz, Ky. and will…
Delivering a Winning Pizza Program
In an effort to grow its foodservice business, Casey’s is expanding its menu to include pizza delivery. By Joe Bush, Contributing Editor. Casey’s General Stores has sold pizza for more than a quarter century making it one of the earliest convenience store chains to do so. Now, in an effort to expand its customer base,…
Retail Gasoline Prices Extend Lower Trend
By Brian L. Milne, Refined Fuels Editor, Telvent DTN On Monday (12/12), the Energy Information Administration (EIA) reported the fourth consecutive weekly decline in its regular grade gasoline average, which fell 1.6 cents from the prior week to $3.274 gallon. That’s a nearly 10-month low in the average, although its 10% higher than during the…
Casey’s Strong 2nd Quarter
A favorable gas margin and strong inside sales, give Casey’s a 15.6% increase in total gross profit for the fiscal Q2 2012. Casey’s General Stores Inc. has reported it’s second quarter results for fiscal 2012. The company reported $0.99 in basic earnings per share for the second quarter of fiscal 2012 ended Oct. 31,…
Gasoline Costs Pointed Up on EU Action, Geopolitical Risk
For the week through Dec. 5 U.S. wholesale gasoline costs mostly increased, while activity in the European Union coupled with heightened rhetoric from Iran are seen pushing gasoline prices even higher. Additionally, Sunoco Inc. announced Dec. 1 that it was beginning to idle the main process units at it Marcus Hook refinery near Philadelphia, Pa.,…
Casey’s Annual Halloween Promotion Benefits St. Jude
Customers donate dollars during the month of October to assist the research and treatment of childhood diseases. Casey’s General Stores raised more than $667,000 during October as part of the 20th Annual St. Jude Halloween Promotion. The program raises funds to support St. Jude Children’s Research Hospital, one of the world’s premier centers for the…
Retail Gasoline Prices Slipping in Front of Thanksgiving
After popping higher by a little more than a penny during the week-ended Nov. 14, the U.S. average for gasoline sold across the country’s retail outlets should resume its downtrend. The Energy Information Administration (EIA) releases its weekly gasoline average late afternoon on Mondays, with the average last reported 1.2 cents higher at $3.436 gallon…
Taking Social Media to the Next Level
C-stores are adding Facebook pages, but to profit from social media, retailers need to also engage fans with text and email marketing campaigns. By Erin Rigik, Associate Editor. Anyone still questioning the power of social media need only look to Japan. The country, which between earthquakes, tsunamis and radiation fears has seen tourism drop, is…
Inside Sales Drive Casey’s Strong Q1 Numbers
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, XYIENCE Launch Sweepstakes
Customers can win a trip to a UFC event in Las Vegas or pre-paid gas cards. Casey’s General Stores and XYIENCE, maker of Xenergy—the official energy drink of the UFC, are teaming to launch a text message-based sweepstakes, offering two grand prize winners a chance to win a UFC getaway package for two. The contest…