Entering text into the input field will update the search result below

Casey's General Stores: Fuel Margin Is The Key Issue Of Concern

Mar. 18, 2023 5:35 AM ETCasey's General Stores, Inc. (CASY)4 Comments
Vader Capital profile picture
Vader Capital


  • 3Q23 results were better than expected, driven by lower opex and stronger-than-anticipated grocery and merchandise performance.
  • While recent months have shown strong fuel margins and solid EBITDA growth in FY23, there is uncertainty around the future impact of cost pressures and inflation on the industry.
  • I believe valuation needs to go cheaper for better margin of safety.

Guy Grocery Choosing Food In Super Market. Empty Space



In my opinion, Casey's General Stores (NASDAQ:CASY) is one of the best convenience store chain in the country because of its strong, unrivaled prepared foods business, its vertically integrated model (CASY operates its own distribution), and its distinctive geographical profile in

This article was written by

Vader Capital profile picture
Ex-long only investor turned business owner. Operate in the real estate and chemicals industry. Read and invest in companies on the side every night. I view investment as a never-ending-journey that allows me to constantly learn new industries and business models. While I am not the best today, I strive to be better with each deep-dive and analysis. Finally, this is a very profitable venture that pays well at the end of the journey if the process is done right.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.