2024-06-12 14:34:21 ET
Summary
- Casey's General Stores, Inc. shares are surging due to strong financial results and a positive outlook for 2025.
- The company reported 8% revenue growth, with fuel and inside store sales both showing positive trends.
- Despite expensive valuation, Casey's is expanding into new markets and expects EBITDA and EPS growth in fiscal year 2025.
Casey's General Stores, Inc. ( CASY ) shares are off to the races today. This is a stock we have previously traded and have liked its growth, rating the stock a quality hold, but now the valuation is really pushing the limits. The growth is strong, but my oh my, what a run....
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Casey's General Stores: Off To The Races On Strong Results