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CASY benefits from rising trends in breakfast sales at convenience stores. Historical trends show c-stores outperforming fast food in customer gains.
What happened, with direct paths to the underlying reporting
Fast-food breakfast traffic rose only 1% while convenience stores gained 9%. Convenience stores like Casey's perform well with breakfast offerings, unlike fast-food chains. Consumer perception favors convenience stores for better food options and value. Many fast-food customers are being replaced by convenience store breakfast buyers. Prepared foods have become crucial for convenience store customer growth.
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