Casey's (CASY), the renowned convenience store chain, reported impressive fiscal fourth-quarter earnings that beat expectations on both the top and bottom lines. To delve deeper into the quarterly report, Casey's CEO Darren Rebelez joins Josh Lipton on Asking for A Trend.

Rebelez highlights the notable strength in the prepared food segment of the business, which saw a remarkable 9% rise. He attributes this success to the launch of new offerings, including thin-crust pizza and hot sandwiches.

Turning to consumer behavior, Rebelez notes that across income levels, "we're seeing pretty good resilience." However, he acknowledges a shift in the purchasing patterns of lower-income consumers, who are gravitating towards more value-oriented options.

Rebelez then talks the chain's expansion plans, with the company now moving into Texas: "As I like to say, everything from the I-35 corridor to the Mexican border is Casey's country."

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This post was written by Angel Smith