Casey's General Stores: Despite New All Time Highs, Still A Buy
Summary
- Casey's General Stores is the third largest convenience store chain in the US and the fifth largest pizza chain.
- The company's focus on smaller towns allows for cheaper operations and establishes brand loyalty.
- Casey's has experienced strong growth in revenue and EBITDA, driven by its acquisition strategy and private label products.
- While there are some risks related to fuel margins contracting near term, shares look attractive at the current valuation.
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