Casey's General Stores Inc
CASY: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$766.00 | Msxhfwp | Sdfxwfy |
Commodity Costs Hurt Casey's in the First Quarter, but Sales Remain Encouraging
Casey's General Stores CASY produced mixed results in its fiscal 2012 first quarter. Strong inside the store sales were offset by higher expenses, but we view these issues as cyclical in nature and not fundamental to Casey's business. Overall, Casey's results were in line with our estimates and we will be maintaining our fair value estimate.