Casey's General Stores, Inc. operates approximately 2,900 convenience stores across roughly 20 states, primarily in the Midwestern and Southern United States. The company's business model combines retail fuel sales with a robust inside-store offering of groceries, general merchandise, and prepared foods. A major differentiator for Casey's is its extensive in-house food service program, which makes it one of the largest pizza chains in the U.S. by number of locations. While retail fuel accounts for the majority of the company's top-line revenue, its higher-margin grocery and prepared food segments generate the majority of its gross profit. The company also operates its own distribution centers to supply its stores and manages a wholesale fuel network. Casey's primarily targets smaller towns and rural markets, a strategy that has historically insulated it from intense urban competition.
