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Casey's General Stores (CASY): Price defines bullish 'flag' consolidation

Casey's General Stores (NASDAQ: CASY) operates, or franchises, more than 1,450 mid-western convenience stores, mostly in Illinois, Iowa, and Missouri. The outlets sell beverages, gasoline, groceries and prepared foods. Casey's also carries tobacco, health and beauty aids, automotive products, ammunition, housewares and photo supplies.

The firm had good news for investors earlier in the month, when it announced fiscal Q4 EPS of 28 cents and revenues of $1.2 billion. Analysts were expecting 25 cents and $1.19 billion. Management also presented an aggressive series of operating and financial goals for the new fiscal year and the board approved a 15% increase in the quarterly dividend.

Continue reading Casey's General Stores (CASY): Price defines bullish 'flag' consolidation

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Last updated: November 12, 2009: 07:24 AM

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