AcquisitionCASY's acquisition of CEFCO will increase its store count by approximately 7%, opening up new growth markets such as Alabama, Georgia, and Mississippi, in addition to a significant expansion in Texas.
Financial PerformanceCASY delivered an impressive 34% FQ4 EPS beat, with contributions down most of the P&L and grew EPS 57% year-over-year.
Strategic ExpansionThe proposed acquisition of CEFCO will allow CASY to tap into the high-growth Texas and Southern markets, extending its reach beyond its predominant Midwestern footprint.