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United States of America

US : Casey's General Stores, Inc. - CASY | Updating Model for Recent Trends; Reaffirm Outperform

    Contributors
    Mitch Ingles
    Alessandra Jimenez
    CGS-CIMB
    19 January 2021
    Published byCGS-CIMB

    We reaffirm our Outperform rating and $200 target price on CASY following Casey's F3Q21 business update.QTD same-store sales results were generally in-line with results disclosed during its F2Q earnings release in early December, while QTD fuel margins were ahead of our estimates.Overall, our inves