Chart - you can draw at the chart
Starting Amount
$
After
years
Dividend yield
%
Dividends reinvested
$
Casey's General Stores, Inc.
Type
Public
Traded as NASDAQ: CASY
S&P 400 Component
Industry Retail (Convenience stores), Fuel
Founded 1959
Headquarters Ankeny, Iowa, U.S.
Key people
Terry W. Handley, CEO
William J. Walljasper, CFO
Revenue Increase $7.51 billion (FY 2017)
Number of employees
14,500
Website www.caseys.com

Casey's General Stores, Inc., is a chain of convenience stores in the Midwestern United States, primarily within the states of Iowa, Arkansas, Illinois, Indiana, Missouri, South Dakota, North Dakota, Kansas, Oklahoma, Nebraska, and Wisconsin. The company is headquartered in Ankeny, Iowa; a suburb of Des Moines.

In 1959, Donald Lamberti leased a service station in Des Moines, Iowa, from his father. After successfully remodeling the station into a convenience store and operating it for nine years, his gasoline supplier and friend, Kurvin C. (K.C.) Fish, suggested that he purchase the Square Deal Oil Company, a service station available for sale in Boone, Iowa. Lamberti followed Fish's advice and purchased the station, which he renamed "Casey's" after Fish and as with his leased store converted the station into a convenience store. The logo on the Boone store is the same logo used today by the Casey's chain.

The Boone store (located in a town of only 12,500) did well, so Lamberti decided to see if he could duplicate his success. He built another store in Creston, Iowa (population 7,000) and that store did well also. Lamberti became more ambitious and decided to open a store from scratch in the even smaller town of Waukee, Iowa (population 1,500 at the time). The Waukee store proved to be the most successful of the three, so Lamberti decided to purchase and open more stores, concentrating on towns of less than 5,000 population (a variation on the tactic used in the early success of Wal-Mart).

By the late 1970s (when Casey's opened its first warehouse) the chain had 118 stores, including the original store operated by Lamberti's parents which entered the Casey's fold in 1977.

In 1982, Casey's opened its first Distribution Center in Urbandale, Iowa.

Casey's became a publicly traded company in October, 1983, with an initial public offering of 700,000 shares. Around this time Casey's began to sell doughnuts in its stores; in December 1984 it introduced pizza into its stores (which is one of its signature items today).

In 1990, Casey's moved to its current facility in Ankeny, Iowa.

Casey's 1,000th store opened in Altoona, Iowa in 1996, the same year Casey's exceeded US $1 billion in annual sales.

In January 2006, Casey's purchased Lincoln, Nebraska-based Gas 'N Shop. On August 7, 2006, Casey's agreed to purchase the 33-store HandiMart chain, based in Cedar Rapids, Iowa, in a $63 million deal.

In March 2010, Alimentation Couche-Tard (operator of several convenience store chains, including Circle K) offered $1.9 billion for control of the company, and later announced a proxy fight for control. Casey's rejected Couche-Tard's offer and was successful in September 2010 in retaining its board of directors vs. Couche-Tard's nominated slate.

While Casey's and Couche-Tard were battling for company control, in September 2010, 7-Eleven offered a $2 billion bid for control of the company. Casey's and 7-Eleven engaged in discussions, but in November 2010 elected not to proceed with a merger.

Casey's announced in 2017 that it plans to open about 10 new locations in western Ohio.

As of June 30th 2017, Casey's has over 1,980 stores in 15 states. Casey's currently operates in the following states, most of which are in the Midwestern United States and the Plains States:

Source:

The store counts above include the purchases mentioned above.

Investment goal date:
Dividends reinvested
Casey's General Stores, Inc. CASY report Q1 2017
Period
Date
Adjusted Actuals EPS
GAAP EPS
Q3 2017
2018-03-08
--
--
Q2 2017
2017-12-06
--
--
Q1 2017
2017-09-05
1.4600
1.4600
Q4 2016
2017-06-05
0.7600
0.7600
Q3 2016
2017-03-06
0.5800
0.5800
Q2 2016
2016-12-07
1.4400
1.4400
Q1 2016
2016-09-06
1.7000
1.7000
Q4 2015
2016-06-06
1.1900
1.1900
Q3 2015
2016-03-07
0.9700
0.9700
Q2 2015
2015-12-07
2.0000
2.0000
There is presents forecasts or rating agencies and recommendation for investors about this ticker
Funds
Fund Name
Ticker shares
BlackRock Fund Advisors
1522354
BlackRock Inc.
3093329
BlackRock Institutional Trust Company, N.A.
1191235
CHILTON INVESTMENT CO LLC
957550
Clearbridge Investments, LLC
1373665
IRIDIAN ASSET MANAGEMENT LLC/CT
1422100
JANUS CAPITAL MANAGEMENT LLC
800040
JPMORGAN CHASE & CO
695350
Perkins Investment Management, LLC
725573
PRICE T ROWE ASSOCIATES INC /MD/
3291850
Senator Investment Group LP
1025000
STATE STREET CORP
1081194
THOMPSON SIEGEL & WALMSLEY LLC
1094590
Vanguard Group, Inc
3440957
VONTOBEL ASSET MANAGEMENT INC
1498546
Major Shareholders
Name Relationship
Total Shares
Holding stocks
MYERS ROBERT J
0.2100% (80136)
CASY /
HANDLEY TERRY W
0.0600% (22213)
CASY /
HAYNIE KENNETH H
0.0700% (26962)
CASY /
RENDA LARREE M
0.0200% (9347)
CASY / ISCA / SWY /
KIMBALL WILLIAM C
0.0500% (19951)
CASY /
DANOS JOHNNY
0.0400% (14224)
CASY /
Walljasper William J
0.0500% (21052)
CASY /
Billmeyer Sam J
0.0300% (13153)
CASY /
Bridgewater Diane C
0.0400% (14324)
CASY /
Horak H Lynn
0.0400% (15483)
CASY /
Lamberti Jeffrey M
0.0800% (31885)
CASY /
Wilkey Richard A
0.0300% (13500)
CASY /
Jackowski Julia L
0.0600% (21902)
CASY /
Johnson Brian Joseph
0.0200% (7229)
CASY /
% ()