Casey's General Stores is the Ankeny, Iowa-based convenience store operator that runs approximately 2,900 convenience stores across 17 states in the Midwest and South, and the company is in the middle of a fiscal year 2026 print that demonstrates the kind of Fikes Wholesale acquisition integration the convenience store operator cohort has been waiting for. Fiscal 2026 total revenue of approximately $17.5 billion was 10.2 percent above the prior fiscal year, with the increase driven by $1.03 billion of additional revenue from the Fikes acquisition during the first six months of fiscal 2026. The combination of the organic same-store sales growth of 5.2 percent and the Fikes acquisition revenue is the cleanest single-sentence read on what the convenience store operator business model is producing, and the combination is the source of the operating profile the equity offers the buy-side.