---
schema_version: "secwatch.filing_event.v1"
accession: "0000950142-24-002677"
form_type: "8-K"
ticker: "CASY"
cik: "0000726958"
company_name: "CASEYS GENERAL STORES INC"
filed_at: "2024-11-05T23:59:59+00:00"
generated_at: "2026-05-30T05:38:58.600698+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Casey's closes Fikes acquisition (198 stores, $850M term loan); Q2 fuel margin ~40¢/gal

## Summary
- Closed Fikes/CEFCO acquisition on Nov 1; adds 148 stores in Texas and 50 in AL, FL, MS, bringing total to ~2,900 stores.
- Acquisition funded through $850M incremental term loan under amended credit agreement; loan matures Oct 30, 2029.
- Expected Q2 fuel margin (quarter ended Oct 31) approximately 40 cents per gallon.
- CEO describes acquisition as largest in Casey's history and highly strategic for Texas market expansion.

## SEC filing metadata
- accession: 0000950142-24-002677
- form_type: 8-K
- ticker: CASY
- cik: 0000726958
- company_name: CASEYS GENERAL STORES INC
- filed_at: 2024-11-05T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.02, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/726958/000095014224002677/0000950142-24-002677-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/726958/000095014224002677/eh240551195_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950142-24-002677
- JSON: https://secwatch.observer/filing/0000950142-24-002677.json
- Plain text: https://secwatch.observer/filing/0000950142-24-002677.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.