Bloomberg Businessweek cover image

Bloomberg Businessweek

Casey's CEO on Building Toward the Future

Jun 29, 2023
09:45
Snipd AI
Darren Rebelez, CEO of Casey’s General Stores, discusses their strategic plan, expanding convenience stores, challenges in explaining business model, unique attributes, potential expansion, handling inflation, strategic plans, company culture, iconic pizza, and breakfast pizza with beer cheese sauce.
Read more

Podcast summary created with Snipd AI

Quick takeaways

  • Casey's General Stores focuses on strategic expansion in areas within the effective distribution radius of its three distribution centers.
  • Despite inflationary pressures, Casey's has found its consumer base to be resilient, with the majority of its customers earning $50,000 a year or more.

Deep dives

Casey's General Stores: A Unique Convenience Store Chain

Casey's General Stores is a convenience store chain based in Iowa with 2,500 stores primarily located in rural communities in the Midwest. The company supplies basic needs and groceries, operates as a pizzeria, and has full liquor licenses in some stores. Casey's has seen significant growth, outperforming the S&P 500, with its stock price soaring from $100 to $235 in the past five years. Despite being lesser known on the coasts, Casey's continues to tell its story to shareholders, emphasizing its offerings, such as making pizza dough from scratch in-store.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode