3 Big Numbers is a weekly column that looks at a few key details from around the c-store industry.
Casey’s General Stores had a pretty stellar fiscal third quarter. Revenue grew nearly 6% and net income rose almost 50%.
But while the top and bottom lines are important, the details can say a lot more about the company’s overall direction. We already took a look at Casey’s growing chicken wings business, as well as the contribution of energy drinks to the company’s success. But there were plenty more initiatives in the report worth a look.
In this week’s “3 Big Numbers,” we dig deeper into Casey’s earnings and pull out a few delectable details.
27
The number of new stores Casey’s built in the first three quarters of fiscal 2026.
Casey’s may not be as focused on building its own stores as competitors like QuikTrip or Wawa, but the company certainly doesn’t shy away from organic growth.
Through the first three quarters of its fiscal 2026, Casey’s has opened 27 new builds. This matches the number of acquisitions it added during the same time frame.
Casey's NTIs start strong
The retailer said that it plans to add 80 stores during fiscal 2026 between NTIs and M&A. That means the company will be picking up the pace in Q4 if it wants to meet that goal.
Another seven NTIs would put it on par with most of the last five years, during which Casey’s has opened an average of 34 stores per year.
50
The number of additional CEFCO locations Casey’s plans to rebrand by the end of the year.
Casey’s closed its acquisition of CEFCO in late 2024, but has been measured in its approach to rebranding those 198 sites. It has converted a few locations and tested a combined menu that borrows pieces of both brands’ foodservice programs.
But now, the process is accelerating.
Casey’s said in December that it would begin the CEFCO rebrands in earnest, and in the Q3 earnings, the company put more numbers to that goal. The company plans to rebrand 50 sites this calendar year, Stephen Bramlage, Casey’s senior vice president and CFO, said during the call. These stores already had kitchens in them, making the conversion and the addition of Casey’s famed pizza easier.
These conversions could provide an additional boost to Casey’s bottom line.
“The bulk, about 40% of the total synergies we expected to capture would ultimately be prepared food because we're putting pizza in,” said Bramlage.
He added that the bulk of these synergies should begin showing up early in fiscal 2027.
10 million
The number of Casey’s Rewards members.
Casey’s is clearly putting a ton of work into its physical footprint, but what about its digital presence?
In the past quarter, Casey’s Rewards surpassed the 10 million member mark, Rebelez said during the call.
“This is a testament to the whole team from marketing store operations and everyone in between,” Rebelez said.
Growth has slowed — the program was founded six years ago and hit 5 million midway through 2022 — but clearly it’s still bringing people in. The CEFCO rebrands should help that growth continue.
Casey’s total may feel small when you compare it to the 104 million rewards members 7-Eleven had roughly a year ago. But not only does 7-Eleven have more than four times as many stores in the U.S., it’s also had roughly twice as long to grow that member base. 7Rewards was first made available through the company’s app in 2015, and existed offline before that point.
So that 10 million feels like a figure Casey’s should be proud of.
