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4-Traders Homepage  >  Equities  >  Nasdaq  >  Casey's General Stores Inc    CASY

Delayed Quote. Delayed  - 07/26 07:46:30 pm
135.18 USD   +0.24%
07/24 CASEY GENERAL S : Blaney returning for Nationals
06/28 CASEY GENERAL S : NASCAR stars returning to Knoxville
06/16 CASEY GENERAL S : Council grants Casey's variance, learns the motel ..
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CASEYS GEN NPV : Casey's Signs Definitive Agreement to Acquire NuWay Cooperative's NuMart Convenience Stores

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02/15/2011 | 06:55pm CEST

Casey's General Stores, Inc. (Nasdaq: CASY) today announced that it has signed a definitive purchase agreement to acquire 11 convenience stores from NuWay Cooperative of Trimont, Minnesota. All of the stores are located in Minnesota operating under the NuMart banner and will be immediately rebranded to Casey's.

?We are excited about this opportunity. These are well maintained locations that fit perfectly with the Company's business model of operating in smaller rural communities and further strengthens our existing market presence in southern Minnesota,? said Robert J. Myers, President and CEO.

The Company expects this acquisition to be immediately accretive to earnings and provide further earnings enhancements as operating efficiencies are realized and the prepared food program is added.

The acquisition is subject to certain regulatory approvals and other customary closing conditions. The transaction is expected to close during the Company's fourth fiscal quarter. The acquisition will be funded by existing cash and operating cash flow.

Casey's General Stores, Inc.
Bill Walljasper, 515-965-6505


© Business Wire 2011
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Financials ($)
Sales 2017 7 666 M
EBIT 2017 399 M
Net income 2017 227 M
Debt 2017 806 M
Yield 2017 0,66%
P/E ratio 2017 23,47
P/E ratio 2018 20,90
EV / Sales 2017 0,79x
EV / Sales 2018 0,67x
Capitalization 5 278 M
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Casey's General Stores Inc Technical Analysis Chart | CASY | US1475281036 | 4-Traders
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Mean consensus OUTPERFORM
Number of Analysts 13
Average target price 137 $
Spread / Average Target 1,9%
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Managers
NameTitle
Terry W. Handley President & Chief Executive Officer
Robert J. Myers Chairman
William J. Walljasper Chief Financial Officer, Senior VP & Head-IR
Rich T. Schappert Vice President-Information Technology
Johnny A. Danos Independent Non-Employee Class III Director
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Sector and Competitors
1st jan.Capitalization (M$)
CASEY'S GENERAL STORES..11.96%5 278
ALIMENTATION COUCHE-TA..0.17%25 806
CARREFOUR-12.81%19 350
WHOLE FOODS MARKET, IN..3.19%11 098
EMAAR MALLS GROUP PJSC5.07%10 417
DAIRY FARM INTERNATION..11.96%9 114
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