Casey's General Stores Enters Material Agreement

Ticker: CASY · Form: 8-K · Filed: 2024-11-05T00:00:00.000Z

Sentiment: neutral

Topics: material-agreement, financial-obligation, regulation-fd

Related Tickers: CASY

TL;DR

Casey's just signed a big deal, creating new financial obligations. Details to follow.

AI Summary

On October 30, 2024, Casey's General Stores, Inc. entered into a material definitive agreement, which also created a direct financial obligation. The filing indicates results of operations and financial condition, along with Regulation FD disclosures. Specific details regarding the agreement and financial obligations are not fully elaborated in the provided text, but it is a significant event for the company.

Why It Matters

This filing signifies a significant new contractual commitment or financial arrangement for Casey's General Stores, potentially impacting its future operations and financial health.

Risk Assessment

Risk Level: medium — Entering into material definitive agreements and creating financial obligations can introduce new risks related to the terms of the agreement and the company's ability to meet them.

Key Players & Entities

FAQ

What type of material definitive agreement did Casey's General Stores, Inc. enter into?

The filing states that Casey's General Stores, Inc. entered into a material definitive agreement, but the specific nature of the agreement is not detailed in the provided text.

What is the date of the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing occurred on October 30, 2024.

What is Casey's General Stores, Inc.'s state of incorporation?

Casey's General Stores, Inc. is incorporated in Iowa.

What is the Commission File Number for Casey's General Stores, Inc.?

The Commission File Number for Casey's General Stores, Inc. is 001-34700.

Does this filing involve a direct financial obligation for Casey's General Stores, Inc.?

Yes, the filing indicates the creation of a direct financial obligation for Casey's General Stores, Inc.

From the Filing

0000950142-24-002677.txt : 20241105 0000950142-24-002677.hdr.sgml : 20241105 20241105080458 ACCESSION NUMBER: 0000950142-24-002677 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20241030 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20241105 DATE AS OF CHANGE: 20241105 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CASEYS GENERAL STORES INC CENTRAL INDEX KEY: 0000726958 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-AUTO DEALERS & GASOLINE STATIONS [5500] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 420935283 STATE OF INCORPORATION: IA FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34700 FILM NUMBER: 241425721 BUSINESS ADDRESS: STREET 1: PO BOX 3001 CITY: ANKENY STATE: IA ZIP: 50021 BUSINESS PHONE: 515-965-6100 MAIL ADDRESS: STREET 1: PO BOX 3001 CITY: ANKENY STATE: IA ZIP: 50021 8-K 1 eh240551195_8k.htm FORM 8-K FORM 8-K false 0000726958 0000726958 2024-10-30 2024-10-30 iso4217:USD xbrli:shares iso4217:USD xbrli:shares UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934   Date of Report (Date of earliest event reported): October 30, 2024   CASEY’S GENERAL STORES, INC. (Exact name of registrant as specified in its charter) Iowa (State or other jurisdiction of incorporation) 001-34700 42-0935283 (Commission File Number) (I.R.S. Employer Identification Number)   One SE Convenience Blvd. , Ankeny , Iowa (Address of principal executive offices) 50021 (Zip Code) ( 515 ) 965-6100 (Registrant’s telephone number, including area code) NONE (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions ( see General Instruction A.2. below): ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Exchange Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, no par value per share CASY The NASDAQ Global Select Market   Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act ☐           Item 1.01. Entry into a Material Definitive Agreement .   Casey’s General Stores, Inc. (the “Company”) is party to a credit agreement, dated as of April 21, 2023 (the “Existing Credit Agreement”), with Wells Fargo Bank, National Association, as administrative agent, and the lenders from time to time party thereto.   On October 30, 2024 (the “Amendment Effective Date”), the Company entered into an amendment to the Existing Credit Agreement (the “Amendment” and, together wi

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