convenience stores

During this quarter's earnings cycle, many companies have warned of cautious consumers due to high and persistent inflation. And it's not just big-ticket items such as cars and furniture on which consumers are cutting back. J M Smucker Co (NYSE:SJM), the parent company of Smucker's jelly and jams,...

A proposed buyout offer of 7-Eleven parent company Seven & I Holdings Co could take the American convenience store from being owned by a Japanese company to a Canadian company. Many people likely have no idea that 7-Eleven is currently owned by a Japanese company according to a poll of Benzinga...

Iconic convenience store 7-Eleven opened its first-ever drive-thru for its Laredo Taco Company concept, the company said in a Tuesday press release. What Happened: 7-Eleven's Laredo Taco Company restaurant concept opened two years ago in Dallas, Texas, inside a convenience store...

Alcohol and cannabis retailer Alcanna Inc. (TSX: CLIQ) (PINK: LQSIF) is selling nineteen stores in British Columbia. The Edmonton, Alberta-based company confirmed Monday that Otter Farm and Home Co-operative agreed to buy its convenience-format liquor stores for $80.8 million. The price tag...

With the stock higher by more than 60 percent since the start of the quarter, expectations for outsized multiple expansion at Core-Mark Holding Company, Inc. (NASDAQ: CORE) are now "less pronounced," according to Raymond James. The Analyst Raymond James' Benjamin Brownlow...

Monster Beverage Corp (NASDAQ: MNST) reported first-quarter results Tuesday that were "underwhelming" and signal that the company will face headwinds in the near term, according to JPMorgan. The Analyst JPMorgan's Andrea Teixeira downgraded Monster Beverage's stock...

Looking for a consumer stock pick for January? Analysts at William Blair highlighted four in a Tuesday note.  The Analysts William Blair's Sharon Zackfia, Jon Andersen, Dylan Carden, Ryan Domyancic, Daniel Hofki and Ryan Sundby. The Thesis William Blair's consumer near-term focus...

Casey's General Stores Inc (NASDAQ: CASY) reported second quarter earnings Monday, including EPS, EBITDA and revenue misses.  The Analyst Jefferies' Christopher Mandeville maintains a Buy rating on Casey's stock with an unchanged $134 price target. The Thesis Casey's...

Canada-based Alimentation Couche Tard Inc (TSE: ATD.B) evolved from just one small store in a Montreal suburb in 1980 to become one of the biggest convenience store operators in the world through a series of acquisitions, including Circle K in the United States. But now Couche Tard, a french...

Shares of Casey's General Stores Inc (NASDAQ: CASY) were trading lower by more than 7 percent Tuesday morning after the company's fiscal fourth-quarter earnings report disappointed the Street. Despite the miss, investors looking to cut their losses should consider what analysts at Deutsche Bank...

Borrowing a catchphrase from President Donald Trump, Faisel Khan of Citi upgraded shares of Sunoco LP (NYSE: SUN) from Sell to Neutral with a price target boosted from $22 to $29 due to the "art of the deal." Faisel referenced a deal Sunoco struck with the convenience store chain Seven-11 in which...

Fred's, Inc. (NASDAQ: FRED) reported its third-quarter earnings report on Thursday and was among the final retailers and convenience store operators to do so throughout earnings season. Fred's, an operator of retail discount stores and full service pharmacies, said in its earnings report that it...

What could be better than a free, summertime Slurpee? 7-Eleven planned to answer that question with an entire week of freebies, including Big Gulps, M&M's candy, Twinkies and Twix ice cream bars. The lengthy celebration was scheduled to begin on Saturday, July 12 -- one day after the...