Casey's General Stores Inc
CASY: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|Gf | LOCK|YpBZm | LOCK|MbWj@Nk |
Casey's Margins Pressured in 3Q, but Same-Store Sales Remain Positive and Intact
Casey's General Stores CASY reported mixed third-quarter results, as same-store sale improvements across the board were met by margin pressures. The results missed Street expectations, but we are maintaining our $54 fair value estimate and our no-moat rating.
