Why Casey's General Stores Stock Was Up This Week
Week to date, shares of Casey's General Stores (NASDAQ: CASY) were up 15.8% through Thursday's market close, according to data provided by S&P Global Market Intelligence.
The company delivered a solid round of financial results for the fiscal first quarter ending July, with same-store sales up 5.4% and earnings per share increasing by 11% year over year.
The balanced top- and bottom-line growth in a challenging retail environment certainly got Wall Street's attention. The stock hit a new all-time high but is still reasonably valued.
Source Fool.com
