Convenience store operator CASY outperformed peers as investors favored resilient businesses during geopolitical and economic uncertainty.
Casey’s General Stores (NASDAQ:CASY) reported a 32% gain in Q1 2026, closing at $794.79 per share on June 30. The company’s shares rose 55.56% over the past year, reflecting strong investor confidence amid market volatility driven by geopolitical tensions and supply chain disruptions.
The broader Russell Midcap Growth Index declined 6.35% in the same period, while TimesSquare Capital’s U.S. Mid Cap Growth Strategy fell 7.72%. High oil prices and energy-driven inflation prompted central banks to maintain steady policies, favoring companies with durable competitive advantages.
Casey’s General Stores, with a market capitalization of $29.41 billion, stood out as a top holding in the strategy, benefiting from its disciplined management and resilient business model.