Convenience Store Industry Stats

Jul 8, 2024 | Finconomics 101, No Bull Economics

C-Store Industry Post Banner

Casey’s General Stores provided a great slide on the C-store industry which is very fragmented & ripe for consolidation (63% of the industry is owned by operators with less than 10 stores). This has important implications for the restaurant industry as Casey’s continues to consolidate smaller operators while updating their operations with competitive food services offerings.

Big Picture

  • Casey’s is well positioned to drive growth by consolidating the c-store industry, building upon its successful acquisition track record (see below).
  • Further, the chain’s recent 4QFY24 results demonstrate an ability to drive organic top-line & margin growth by ramping up its pizza & hot sandwich offerings as outlined in this post.

Convenience Industry Graphic

Casey's Acquisitions Graph

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