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Stock impact report

Casey's sees strong growth from food innovation [Yahoo! Finance]

Caseys General Stores, Inc. (CASY) 
Last caseys general stores, inc. earnings: 3/9 04:13 pm Check Earnings Report
US:NASDAQ Investor Relations: caseys.com/investor-relations
Company Research Source: Yahoo! Finance
Dive Brief: Casey's General Stores saw a 3.7% increase in inside same-store sales for the third quarter of fiscal 2025, and “prepared food and dispensed beverage led the way,” President and CEO Darren Rebelez said during the company's third quarter earnings call on Wednesday. Casey's is seeing positive early results from new programs like its Darn Good Coffee and the addition of chicken wings in test markets. Meanwhile, sales in Casey's hot sandwich program, which debuted a year ago, notably surged last quarter, growing over 50%, while bakery items grew by almost 10%. As competitors like Arko and 7-Eleven test out new food-focused store designs , Casey's has chosen to innovate within its kitchen. New food items contributed to strong inside margins of over 34% during the quarter. Dive Insight: Rebelez said that rolling out new innovations in fresh food to the stores has had a bigger impact on growth than promotional activities. He pointed to the growth in hot sandwich sales, Show less Read more
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