$CASY

19 stories mentioning CASY

Every FINWIRES story that references CASY, newest first.

S&P 500 Posts Weekly Gain Amid Heightened Iran Deal Expectations, Dovish Inflation Prints

The Standard & Poor's 500 index rose 0.7% this week as the US edged closer to signing a peace deal with Iran and consumer and wholesale price inflation reports that leaned dovish.The market benchmark ended the week at 7,431.46. The index is now up 14% quarter-to-date and 8.6% so far in the year.The US and Iran may sign a peace deal as soon as Sunday, setting the stage for a re-opening of the Strait of Hormuz, according to multiple media reports.While President Donald Trump fumed at Tehran for the inaccurate state media descriptions of a potential interim US-Iran agreement, Iran's foreign minister reportedly said a deal had been reached "on a majority of issues" and negotiators are in the final stage of internal deliberatioins.The core Producer Price Index grew slower than forecast in May on a month-over-month and a year-earlier basis. The core Consumer Price Index also came in cooler than expected on a monthly basis while the year-earlier print was in line.The probability of 25-basis-point increases in September, October, and December was lower on Friday than a week earlier, according to the CME FedWatch tool. The Fed is widely expected to remain on hold in June and July.The materials sector rose the most this week, up 3%, followed by a 2.6% gain in consumer staples and a 2% rise in financials.Shares of International Flavors & Fragrances (IFF) ended the week 7.2% higher at $78.27, the fifth-biggest gainer in materials. Benchmark initiated the company with a buy rating and a $100 price target. Late last month, International Flavors & Fragrances agreed to sell a majority stake in its food ingredients unit to private equity firm CVC Capital Partners in a deal worth roughly $4.3 billion.Casey's General Stores (CASY) shares surged more than 17% this week, the top performer in consumer staples, after the convenience store operator reported better-than-expected fiscal Q4 results.The two S&P 500 sectors that declined this week were communication services and energy.Meta Platforms (META) completed an operational separation from AI startup Manus and cut off data sharing amid pressure from Chinese authorities to reverse the $2 billion deal, Bloomberg reported Thursday, citing people familiar with the matter. Alphabet (GOOGL, GOOG) unit Google's YouTube and Meta (META) were denied a new trial after a jury found that the companies were liable for designing social media platforms that are addictive to young people, Reuters reported Wednesday.Shares of Meta and Alphabet were down 4.4% and 2.4%, respectively, this week, among the steepest decliners in communication services.Next week, Accenture (CAN) and Kroger (KR) are among the companies reporting their quarterly results. The US stock market will be closed on Friday for Juneteenth.Economic data due next week includes the Fed's interest-rate announcement, building permits and housing starts, and retail sales.

S&P 500$CAN$CASY$GOOG$GOOGL$IFF$KR$META

Wire2d ago

Gordon Haskett Cuts Price Target on Casey's General Stores to $850 From $950

Casey's General Stores (CASY) has an average rating of overweight and mean price target of $930.56, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $903.90, Change: $-12.38, Percent Change: -1.35%

$CASY

US Markets4d ago

Update: Nasdaq, S&P 500 Hit 5-Week Lows Amid Re-Escalation in Middle East

(Updates with market moves at the end of the day.)The Nasdaq Composite and the S&P 500 fell to the lowest levels in about five weeks on Wednesday as renewed tensions between the US and Iran pushed oil prices higher.The Nasdaq fell 2% to 25,169.5, its lowest close since May 4. The S&P 500 lost 1.6% to 7,267, the lowest finish since May 5. The Dow Jones Industrial Average shed 1.9% to settle at 49,918.8, the lowest since May 19.Most sectors were in the red, led by industrials' 3.4% slump, while consumer staples paced the gainers.West Texas Intermediate crude oil was up 2.6% at $90.46 a barrel in late-afternoon trade, while Brent rose 2.2% to $93.42.Iran will have to "pay the price" for taking too long to agree to a peace deal, US President Donald Trump said in a social media post Wednesday.The US will resume attacks on Iran Wednesday, CNN reported, citing Trump.US forces launched airstrikes Tuesday against Iran after Tehran shot down an American Apache helicopter, Central Command said. Iran struck American military bases across Jordan, Kuwait, and Bahrain, media reports showed."With no imminent deal in sight and with the global oil market tightening significantly every day, we see upside to prices, particularly if these disruptions linger into the third quarter, a period of seasonally stronger oil demand," ING Bank said in a report Wednesday.US Treasury yields were mixed, with the 10-year rate up 2.3 basis points at 4.55% and the two-year rate little changed at 4.14%.In economic news, US annual inflation accelerated to the highest in about three years last month, fueling expectations that the Federal Reserve will keep interest rates on hold for some time."US inflation continues to vault higher on the back of swiftly rising energy prices and four months of closure of the Strait of Hormuz," BMO Chief US Economist Scott Anderson said in a report.Monthly headline and core inflation measures, however, eased."The milder rise in core (consumer price index) inflation in May will buy the Fed some time to wait a bit longer before taking any action on raising interest rates."Markets widely expect the Fed to leave interest rates unchanged next week, which would mark its fourth straight pause, according to the CME FedWatch tool.In company news, Super Micro Computer (SMCI) shares slid 28%, the worst performer on the S&P 500, as the company announced a series of concurrent equity and equity-linked financing transactions amounting to $7 billion.Casey's General Stores (CASY) shares surged 20%. Late Tuesday, the convenience store operator logged better-than-expected fiscal fourth-quarter results.Gold was down 4.2% at $4,105.10 per troy ounce, while silver fell 2.2% to $63.82.

Dow JonesNasdaq CompositeS&P 500$CASY$SMCI

Sectors4d ago

Sector Update: Consumer Stocks Mixed Late Afternoon

Consumer stocks were mixed late Wednesday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) rising 1.5% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) falling 2%.In corporate news, Cracker Barrel Old Country Store (CBRL) shares surged 25%. The company reported fiscal Q3 adjusted earnings late Tuesday of $0.29 per diluted share, down from $0.58 a year earlier. Analysts polled by FactSet expected a per-share loss of $0.48. Wells Fargo upgraded the company to overweight from equalweight, and lifted its price target to $50 from $35.Chewy (CHWY) lowered its full-year sales outlook on Wednesday even though the online pet store company's fiscal Q1 revenue topped market estimates. Its shares fell 2.3%.Casey's General Stores (CASY) shares jumped past 18% after the convenience store operator recorded better-than-expected fiscal Q4 results.Cava (CAVA) is well-positioned for continued same-store sales growth in the long term amid multiple drivers despite a challenging macroeconomic environment, UBS Securities said. UBS upgraded its rating on the company's stock to buy from neutral and raised its price target to $90 from $85. Cava shares climbed 5.4%.

$CASY$CAVA$CBRL$CHWY

Wire4d ago

Wells Fargo Adjusts Price Target on Casey's General Stores to $960 From $910, Maintains Overweight Rating

Casey's General Stores (CASY) has an average rating of overweight and mean price target of $852.31, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $894.18, Change: $+133.00, Percent Change: +17.47%

$CASY

US Markets4d ago

Update: Equities Fall Intraday as US-Iran Tensions Re-Escalate, Traders Parse Inflation Report

(Updates with latest market prices and developments.)US benchmark equity indexes were lower intraday and oil prices jumped as tensions between Washington and Iran re-escalated, while traders assessed the latest inflation report.The Nasdaq Composite was down 1.2% at 25,384.3 after midday Wednesday, while the Dow Jones Industrial Average fell 1.3% to 50,238.6. The S&P 500 shed 0.9% to 7,318.4. Among sectors, industrials saw the steepest decline, while energy paced the gainers.West Texas Intermediate crude oil was up 3.7% at $91.44 a barrel, while Brent rose 3.1% to $94.30.Iran will have to "pay the price" for taking too long to agree to a peace deal, US President Donald Trump said in a social media post Wednesday.The US will resume attacks on Iran Wednesday, CNN reported, citing Trump.US forces launched airstrikes Tuesday against Iran after Tehran shot down an American Apache helicopter, Central Command said. Iran launched retaliatory strikes on American military bases across Jordan, Kuwait, and Bahrain, media reports showed."With no imminent deal in sight and with the global oil market tightening significantly every day, we see upside to prices, particularly if these disruptions linger into the third quarter, a period of seasonally stronger oil demand," ING Bank said in a report Wednesday.US Treasury yields were higher intraday, with the 10-year rate up 1.6 basis points at 4.54% and the two-year rate rising one basis point to 4.13%.In economic news, US annual inflation accelerated to the highest in about three years last month, fueling expectations that the Federal Reserve will keep interest rates on hold for some time."The effects of the Iran war continued to surface in May, TD Economics said in a note. "While still relatively contained, cost pressures are starting to be felt beyond just higher prices at the pump, with airfares up over 8% since the start of the war, which is coming atop lingering tariff price effects and still elevated services (ex. shelter) inflation."Markets widely expect the Fed to leave interest rates unchanged next week, which would mark its fourth straight pause, according to the CME FedWatch tool."With gas prices down sharply so far in June, May could mark the peak for headline (consumer price index), although inflation will be slow to decline, keeping the Fed on prolonged hold for most of this year," Oxford Economics said in a note.In company news, Super Micro Computer (SMCI) shares were down 20% intraday, the worst performer on the S&P 500, as the company announced a series of concurrent equity and equity-linked financing transactions amounting to $7 billion.Casey's General Stores (CASY) shares surged nearly 17%. Late Tuesday, the convenience store operator logged better-than-expected fiscal fourth-quarter results.Oracle (ORCL) is scheduled to report after the closing bell Wednesday.Gold was down 3.3% at $4,147 per troy ounce, while silver fell 0.2% to $65.12.

Dow JonesNasdaq CompositeS&P 500$CASY$ORCL$SMCI

Sectors4d ago

Sector Update: Consumer Stocks Mixed Wednesday Afternoon

Consumer stocks were mixed Wednesday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) rising 1.5% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) shedding 1.7%.In corporate news, Casey's General Stores (CASY) shares jumped past 15% after the convenience store operator recorded better-than-expected fiscal Q4 results.Chewy (CHWY) lowered its full-year sales outlook on Wednesday even though the online pet store company's fiscal Q1 revenue topped market estimates. Its shares fell 1.9%.Ford Motor's (F) top aluminum supplier, Novelis, will restart its aluminum-rolling plant in upstate New York on Wednesday, nine months after a fire caused a supply shock for the auto industry, The Wall Street Journal reported, citing the plant's owner. Ford shares were down 3.9%.

$CASY$CHWY$F

Sectors4d ago

Sector Update: Consumer

$CASY

Wire4d ago

Gordon Haskett Adjusts Casey's General Stores Price Target to $950 From $850, Maintains Buy Rating

Casey's General Stores (CASY) has an average rating of overweight and mean price target of $842.94, according to analysts polled by FactSet.Price: $873.82, Change: $+112.64, Percent Change: +14.80%

$CASY

Wire4d ago

Casey's General Stores Closes Fiscal 2026 With 'Home Run' Amid Strong Execution, RBC Says

Casey's General Stores (CASY) closed fiscal 2026 with a "home run" as its strong execution beat macro headwinds and drove fiscal Q4 outperformance, RBC Capital Markets said in a Tuesday note.The company reported fiscal Q4 earnings of $4.37 per diluted share, up from $2.63 a year earlier, as revenue rose to $4.57 billion from $3.99 billion. RBC noted that the quarter's earnings beat market consensus by 32%, increasing 66% year on year.Casey's performance demonstrated its "advantaged positioning" in small markets and lower-cost geographies, attractive inside-store mix, and favorable fuel positioning, the investment firm said. Fiscal 2027 outlook also implies sustained momentum with up to a 10% growth in EBITDA, RBC added.RBC raised its price target on Casey's General Stores to $794 from $792, with a sector perform rating.Price: $874.11, Change: $+112.93, Percent Change: +14.84%

$CASY

Asia Markets5d ago

US-Iran Flare-Up Drags US Equity Futures Pre-Bell as Middle East Tensions Re-Escalate

US equity futures were edging lower pre-bell Wednesday as the US and Iran once again exchanged attacks after a US Army Apache helicopter was shot down, raising tensions in the Middle East.Dow Jones Industrial Average futures were 0.6% lower, S&P 500 futures were down 0.6%, and Nasdaq futures were 0.7% lower.US Central Command said in an X post that it launched "self-defense strikes" against Iran as a "proportional response to unjustified Iranian aggression," responding to the downing of a US Army helicopter. Iran, which did not claim responsibility for shooting down the chopper, responded with attacks on Bahrain, Kuwait, and Jordan.In a post on Truth Social, US President Donald Trump said that Iran has been "completely defeated." Trump added, "They've taken too long to negotiate a deal that would have been great for them, now they will have to pay the price!!!"Traders look forward to Oracle's (ORCL) fiscal Q4 financial results, scheduled to be released after the market closes.Oil prices were higher, with front-month global benchmark North Sea Brent crude up 0.8% at $88.93 per barrel and US West Texas Intermediate crude 0.7% higher at $92.05 per barrel.The May consumer price index, released at 8:30 am ET, gained 0.5% as expected, compared with a 0.6% increase in the previous month, according to estimates compiled by Bloomberg.In other world markets, Japan's Nikkei closed 1.9% lower, Hong Kong's Hang Seng ended 0.6% lower, and China's Shanghai Composite finished 0.4% lower. Meanwhile, the UK's FTSE 100 was down 0.2%, and Germany's DAX index was 0.9% lower in Europe's early afternoon session.In equities, shares of Nvidia (NVDA), Microsoft (MSFT), and Taiwan Semiconductor Manufacturing (TSM) were all lower as part of a broader sell-off in the tech sector. Nvidia stock was down 1.3%, Microsoft shares fell 0.9%, and Taiwan Semiconductor stock was down 2.3%.On the winning side, CME Group (CME) shares were marginally higher after the company said it launched Nasdaq CME Crypto Index futures. Casey's General Stores (CASY) stock was up 2.1% after the company reported fiscal Q4 earnings and revenue that surpassed analysts' estimates.

Dow JonesNasdaq CompositeS&P 500$CASY$CME$MSFT$NVDA$ORCL$TSM

US Markets5d ago

Stocks Fall Pre-Bell as US-Iran Tensions Escalate; Key Inflation Data on Deck

The main US stock measures were pointing lower in Wednesday's premarket activity as tensions escalate between the US and Iran, while traders await a key consumer inflation report.The S&P 500 and the Dow Jones Industrial Average declined 0.7% each before the opening bell, while the Nasdaq was off 1%. The S&P 500 and the Nasdaq finished Tuesday trading in the red, while the Dow closed higher.In a social media post early Wednesday, President Donald Trump said that the Iranian military has been "completely defeated.""They've taken too long to negotiate a deal that would have been great for them, now they will have to pay the price," Trump wrote.Iran launched strikes against several US military facilities and bases in Bahrain, Jordan and Kuwait early Wednesday, Bloomberg reported, citing Iranian media.In a Tuesday post on X, the US Central Command said its forces launched "self-defense" strikes against Iran in retaliation against Tehran for shooting down a US military helicopter.Trump said on social media that the two pilots on the helicopter were "safe and uninjured," and that the US would respond to the attack. Iran's Mehr news agency reported that several explosions were heard on Qeshm Island, in the Bandar Abbas region of southern Iran, as well as along the southern coast, according to Bloomberg News.West Texas Intermediate crude oil slipped 0.3% to $87.94 a barrel in premarket action, while Brent edged down 0.4% to $91.08."Cumulative losses have now reached 1 billion barrels and are on track to nearly double by year-end under our base case, which still assumes a narrow US-Iran deal in June and a phased reopening of the Strait of Hormuz from mid-July," Aditya Saraswat, Middle East and North Africa research director at Rystad, said in a Tuesday note.The consumer price index report for May is scheduled for an 8:30 am ET release. Official data are expected to show that consumer inflation rose 4.2% annually and 0.5% on a sequential basis, according to a Bloomberg-compiled consensus.Treasury yields were mixed before the open, with the two-year rate increasing 0.3 basis points to 4.13% while the 10-year rate retreated 0.4 basis points to 4.52%.Wednesday's economic calendar also has the weekly mortgage applications bulletin and the weekly EIA domestic petroleum inventories report.Shares of Super Micro Computer (SMCI) dropped 11% pre-bell after the company disclosed a $7 billion equity financing plan to support its artificial intelligence order backlog. Casey's General Stores (CASY) inclined 1.8% after reporting better-than-expected fiscal fourth-quarter results.Oracle (ORCL) is expected to report its latest financial results after the markets close, while Core & Main (CNM) and Chewy (CHWY) post earnings before the bell, among others.Gold decreased 2.2% to $4,194 per troy ounce, while bitcoin slipped 1% to $61,251.

Dow JonesNasdaq CompositeS&P 500$CASY$CHWY$CNM$ORCL$SMCI

US Markets5d ago

Casey's General Stores Fiscal Fourth-Quarter Results Top Street Views

Casey's General Stores (CASY) shares were up early Wednesday as the convenience store operator recorded better-than-expected fiscal fourth-quarter results.The company posted net income of $4.37 per share for the fiscal fourth quarter late Tuesday, up from $2.63 the year before, surpassing the FactSet-polled consensus of $3.31. Overall revenue improved to $4.57 billion from $3.99 billion, ahead of the Street's view for $4.33 billion.The stock increased 1.8% in the most recent premarket activity.Inside same-store sales climbed 5.5%, accelerating from a 1.7% gain in the prior-year quarter, buoyed by robust performance in whole pizzas, as well as appetizers and sides in the prepared food and dispensed beverage category, among other factors, according to Casey's. Grocery and general merchandise same-store sales rose 5.1%."Casey's delivered another record fiscal year as our team closed out the three-year strategic plan on an extremely high note," Chief Executive Darren Rebelez said in a statement. "The operations team performed exceptionally well over the course of the year as we reported substantial (earnings before interest, taxes, depreciation and amortization) growth."For fiscal 2027, Casey's anticipates inside same-store sales to grow between 2% and 5% with an inside margin above 42%. In the previous fiscal year, the metric inclined 4.2%, or 7% on a two-year stack basis, "led by strong performance in prepared foods and non-alcoholic beverages," according to Rebelez.EBITDA is projected to grow 8% to 10% for the current fiscal year. In fiscal 2026, the metric advanced by 24%.The company's inside store metrics outperformed peers, reflecting strong execution of strategies aimed at driving traffic and delivering value to consumers, RBC Capital Markets said in a note. The brokerage said the results highlight the company's advantaged positioning in lower-cost geographies and small markets, along with its differentiated in-store offering and increasingly strong fuel positioning.RBC increased its price target on the stock to $794 from $792.

$CASY

US Markets6d ago

Equities Rise Pre-Bell as Chip Stocks Extend Gains

US equity futures were tracking in the green on Tuesday amid continued momentum in artificial intelligence and semiconductor stocks.The S&P 500 rose 0.4%, the Dow Jones Industrial Average gained 0.3% and the Nasdaq added 0.8% in premarket activity. The S&P 500 and the Nasdaq finished Monday trading higher, while the Dow closed in the red for a second consecutive session.OpenAI said on Monday it has confidentially filed for a potential initial public offering in the US, after similar moves last week by AI firm Anthropic and rocket and satellite company SpaceX.OpenAI hasn't decided on the timing of the IPO yet, according to a blog post. "It may be a while because there are things we want to do that are likely easier as a private company," the tech firm added.Shares of Qualcomm (QCOM) increased 2.8% pre-bell, while Intel (INTC) inclined 2.2% after an 11% jump at the close of Monday. Micron Technology (MU) added 4.1% following a 9.9% increase in the previous session, while Nvidia (NVDA) was up 0.7%. Advanced Micro Devices (AMD) gained 2.5% before the bell after closing the previous session up 5.1%, while Broadcom (AVGO) increased 1.1%."In our view, volatility in technology stocks is likely to continue, although the (artificial intelligence) investment boom appears robust," D.A. Davidson said in a report on Monday. "We continue to expect a broadening of gains supporting sector diversification in portfolios."West Texas Intermediate crude oil declined 2.1% to $89.37 a barrel before the opening bell, while Brent moved down 1.6% to $92.73.Iran and Israel reportedly suspended strikes against each other, although Tehran vowed to resume attacks if Israel continues to target Iran-backed Hezbollah in Lebanon. In a social media post, President Donald Trump said both Israel and Iran were "looking to do an immediate ceasefire.""Overall, the situation remains fragile, and for the oil market, the status quo holds: global inventories continue to draw, with analysts increasingly convinced that inventories will reach dangerously low levels by the end of June (if not sooner)," Tudor Pickering Holt Analyst Matt Portillo said in a note.Treasury yields were mixed in premarket action, with the two-year rate retreating 1.1 basis points to 4.15% while the 10-year rate rose 0.6 basis points to 4.56%.Tuesday's economic calendar has the international trade in goods and services report for April at 8:30 am ET, followed by the existing home sales report for May at 10 am. The National Federation of Independent Business small business optimism index posted a 0.6-point decrease for May to 95.3.J.M. Smucker (SJM), SailPoint (SAIL), United Natural Foods (UNFI) and Academy Sports and Outdoors (ASO) report their latest financial results before the bell, among others. Casey's General Stores (CASY) posts earnings after the markets close.Gold slipped 0.1% to $4,359 per troy ounce, while bitcoin fell 1.1% to $62,725.

Dow JonesNasdaq CompositeS&P 500$ASO$CASY$INTC$MU$NVDA$QCOM$SAIL$SJM$UNFI

Research26d ago

William Blair Initiates Casey's General Stores at Outperform

Casey's General Stores (CASY) has an average rating of overweight and mean price target of $802.88, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

$CASY

Commodities47d ago

Strong Fuel Margins Support C-Store Operators in Q1, RBC Capital Markets Says

Resilient fuel margins and steady consumer demand have supported convenience store or C-store operators, who are expected to post a solid Q1, RBC Capital Markets analysts said in a note on Monday.The firm maintained a positive outlook on the sector despite rising fuel prices, geopolitical tensions linked to the Iran conflict, and increasingly value-conscious consumer behavior."Relative strength in gas margins, long-term track record of demand stability, and sustained momentum from CQ4 [calendar quarter 4] continuing into CQ1 are supportive of our constructive view of the sector despite the backdrop of heightened geopolitical risk, elevated crude prices related to the Iran conflict, and ongoing value-oriented consumer spending," analysts said.Analysts said that historically, volatility in oil and fuel prices has presented an opportunity for more sophisticated operators to extend a premium over industry-average gas margins, with fuel margins improving consistently over the past decade."Despite recent spike in gas prices, retail pricing remains at/around 2023/2024 peaks, and well below peak levels immediately post Russia invasion of Ukraine," analysts said.Gas demand, however, continues to fall below pre-Covid levels, with analysts attributing crude price volatility post the Iran conflict to fuel incremental pressure on volumes."Fuel demand continues to track below pre-pandemic levels, reflecting structural shifts in lifestyle and commuting patterns, higher cost of living, and more recently, demand elasticity from geopolitical-driven spike in gas prices," analysts said.RBC forecasts Q1 US fuel margins of 45.75 cents per gallon for Alimentation Couche-Tard, a premium of about 8 cents/gal over the industry quarter-to-date average. Analysts said the forecast is above the high end of the range of prior premiums over the past eight quarters, which ranged from 3 cents/gal to 6 cents/gal, reflecting significant fuel price volatility amid the geopolitical backdrop.For Casey's (CASY), RBC forecasts margins of 39 cents/gal, while Murphy USA (MUSA) is expected to post retail and all-in margins of 24.5 cents/gal and 32.7 cents/gal, respectively.

$CASY$MUSA

Research48d ago

RBC Raises Price Target on Casey's General Stores to $792 From $713, Keeps Sector Perform Rating

Casey's General Stores (CASY) has an average rating of overweight and mean price target of $753 according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

$CASY

Wire51d ago

KeyBanc Adjusts Price Target on Casey's General Stores to $860 From $830, Maintains Overweight Rating

Casey's General Stores (CASY) has an average rating of overweight and mean price target of $748.06, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $800.93, Change: $+11.10, Percent Change: +1.41%

$CASY

Wire52d ago

SoundHound AI Renews, Expands Casey's Deal for Voice AI Ordering

SoundHound AI (SOUN) said Thursday it renewed and expanded its agreement with Casey's General Stores (CASY), extending deployment of its voice-based ordering technology across more than 2,600 locations.Financial terms were not disclosed.The company said its AI-powered ordering agents have handled more than 21 million customer interactions for Casey's, including processing millions of food orders and will continue supporting phone-based ordering across the retailer's stores.The system, trained on Casey's menu, enables customers to place orders conversationally and access information on menu items, promotions, and store inquiries, while helping reduce missed calls and wait times during peak periods.Price: $7.95, Change: $-0.28, Percent Change: -3.35%

$CASY$SOUN