Casey's General Stores

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NORTH AMERICA: Retail results round-up: Costco, Sobeys, Casey's

12 Mar 2013

In the US and Canada, retailers Costco, Casey's General Stores and Sobeys have reported quarterly results.

US: Casey's purchases Kum & Go stores

12 Sep 2012

US convenience retailer Casey's General Stores has signed a deal to acquire 22 convenience stores from US retailer Kum & Go.

US: Casey's earnings, sales rise

13 Jun 2012

US convenience group Casey's General Stores has booked an increase in full-year earnings as it successfully offset declining gas profits with increased retail sales and margin gains.

US: Retailer Casey's books Q1 profit increase

9 Sep 2011

US convenience store retailer Casey's General Stores has reported a rise in quarterly profits as new outlets and better same-store food sales increased revenues.

US: Casey's acquires 22 stores in Iowa

3 Jun 2011

US-based Casey's General Stores has entered an agreement to acquire 22 convenience stores from Kum & Go.

US: Store rebranding and commodity costs hit Casey's Q3

8 Mar 2011

The cost of rebranding newly-acquired stores, volatile commodities and the battle to fend off a takeover from rival c-store retailer Couche Tard have hit quarterly profits at Casey's General Stores.

US: Casey's to acquire five QuickTrip stores

4 Mar 2011

US convenience operator Casey's General Stores has today (4 March) announced plans to acquire some five outlets from QuickTrip in Springfield, Missouri.

The just-food management briefing - M&A in 2010 - a timeline

20 Dec 2010

There have been over 640 stories in just-food's M&A section since April this year covering everything from industry-changing mergers to bolt on acquisitions and brand disposals. This section to the briefing tracks the major moves through the year by looking at all the deals that were put under scrutiny in our insights section.

US: Takeover defence hits Casey's Q2 earnings

8 Dec 2010

US c-store operator Casey's General Stores, which spent the summer fighting a takeover bid from Canada-based rival Couche-Tard, has seen the battle hit second-quarter profits.

Quote, unquote: just-food's week in words

5 Nov 2010

Within a raft of trading updates this week, Kellogg and Chiquita Brands International posted disappointing results, although Unilever and organics retailer Whole Foods Market had better news for the market. Heinz is entering what may become a protracted series of negotations with its Wigan staff over wages, while rumours abound that Marks and Spencer may look to re-acquire the stores in western Europe that it sold in 2001. Here's the best of what was said this week.

UPDATE: US: Casey's bid fails but 7-Eleven still eyes expansion

3 Nov 2010

7-Eleven said today (3 November) it still wants to pursue "aggressive" expansion in North America even after its bid to buy local c-store chain Casey's General Stores failed.

US: Casey's General Stores acquires 44 Kabredlo's outlets

3 Nov 2010

US c-store chain Casey's General Stores has signed a deal to acquire 44 Kabredlo's outlets.

US: Casey's General Stores buys Harper Oil Co. outlets in Illinois

13 Oct 2010

Casey's General Stores, the US c-store retailer that fought off a takeover attempt from Canadian rival Couche-Tard, is to buy 19 stores in Illinois from Harper Oil Co.

Best bits: Unilever, SOS, Premier next in M&A spotlight

4 Oct 2010

The recent appetite for M&A in the food industry is showing little sign of abating.

US: Couche-Tard accuses Casey's of "obfuscation"

21 Sep 2010

Couche-Tard has accused takeover target Casey's General Stores of trying to "obfuscate the choices" presented to its shareholders around the US convenience operator's future.

US: Casey's still in 7-Eleven talks; sticks to AGM date

20 Sep 2010

Takeover target Casey's General Stores, the US c-store retailer, said today (20 September) it remains in talks with suitor 7-Eleven over a possible deal.

Best bits: Carrefour reaches for the stars with Planet stores

20 Sep 2010

With its all-new Carrefour Planet hypermarket chain and with a target of 18% sales growth in five years, the French retail giant is clearly reaching for the stars. But will the French retail giant succeed?

US: Couche-Tard receives further proxy advisor blow

17 Sep 2010

US c-store retailer and takeover target Casey's General Stores has received further support for its board nominees from two proxy advisory service

UPDATE: US: Couche-Tard urges investors to vote against Casey's at AGM

16 Sep 2010

Canadian c-store group Couche-Tard has released an open letter to the shareholders of takeover target Casey's General Stores that urges investors to vote against the US retailer at next week's AGM.

US: Couche-Tard receives proxy advisor blow in Casey's bid

16 Sep 2010

US c-store retailer and takeover target Casey's General Stores has received support for its board nominees from two proxy advisory services ahead of what looks set to be tense AGM next week.

US: Couche-Tard to buy Crystal Flash Petroleum stores in Indiana

10 Sep 2010

Couche-Tard has signed an agreement to acquire 12 stores in the Indianapolis, Indiana, area from Crystal Flash Petroleum.

US: Couche-Tard welcomes rival bid for Casey's

8 Sep 2010

Couche-Tard has reacted positively to news that there is a second suitor seeking to acquire Casey's General Stores.

Editor's choice: the highlights on just-food this week

3 Sep 2010

A raft of first quarter and first half results kept the pages of just-food turning this week, and the fragile recovery being seen in the global economy is being mirrored by some encouraging signs in our sector. Heinz, Kerry Group, Carrefour and Del Monte all came out in credit.

UPDATE: US: Casey's rebuffs latest Couche-Tard acquisition attempt

1 Sep 2010

Casey's General Stores has rebuffed Couche-Tard's latest attempt to acquire the convenience operator, advising shareholders not to take any action regarding the latest tender offer.

US: Casey’s completes ‘Dutch’ auction tender offer

1 Sep 2010

Casey's General Stores has accepted payment for around 13.2m shares for US$500m as a result of its ‘Dutch auction’ tender offer.

US: Couche-Tard offer “inadequate” – Casey’s

31 Aug 2010

Casey's General Stores has labelled the extension of Couche-Tard’s tender offer as “inadequate”.

Best bits: Carrefour swings back into profit

31 Aug 2010

Carrefour's reinvention attempts took on new vigour as it launched two Carrefour 'Planet' stores in France last week. The company said the test stores have been redesigned and adapted to customers' needs in a bid to deliver "a new experience of shopping comfort, ease and pleasure".

Quote, unquote: just-food's week in words

27 Aug 2010

Canadian convenience operator Couche-Tard posted record net earnings for the first quarter of fiscal 2011 this week, up 42% against the same period of the previous year.

Editor's choice: the highlights on just-food this week

27 Aug 2010

Canadian convenience operator Couche-Tard posted record net earnings for the first quarter of fiscal 2011 this week, up 42% against the same period of the previous year. But its efforts to acquire Casey’s General Stores were dealt a heavy blow when the US company completed its latest round of defences in the from of its modified “Dutch auction” self tender offer.

Quote, unquote: just-food's week in words

30 Jul 2010

First-half and quarterly results continued to filter out this week, with CEOs and CFOs attempting to mitigate some less than impressive expected results by looking to "long-term strategies." Here's the pick of what was said:

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