S&P 500, Nasdaq have records back in sight as stocks gain amid US-China trade talks

From Yahoo Finance: 2025-06-10 16:02:00

Casey’s stock reached an all-time high after beating Q4 expectations, with adjusted earnings up 12.4% to $2.63 and net sales up 11% to $3.99 billion. CEO Rebelez stated growth across all income groups, with plans to open 80 stores in 2026. Shares surged 12% on Tuesday, up 24% this year.

Consumers are choosing Casey’s over fast-food chains, boosting sales and stock. Dollar General, Dollar Tree, and Walmart are also seeing higher-income shoppers. The company is benefitting from value-conscious consumers amid economic uncertainty. Rebelez noted different purchase decisions from low-income shoppers, who are still spending on affordable options like bakery treats.



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