Advan Notable Hits: Casey's General Stores, Inc. (CASY)

Notable Hit: (CASY:NASDAQ) On Tuesday March 8, 2022 Casey's General Stores, Inc. (CASY) posted better-than-expected revenues of $3.05bn surpassing the consensus estimate of $3.04bn or by +0.14% and in the same direction as Advan's forecasted sales. The revenue was up 51.83% YoY - Advan's foot traffic data captured an increase in foot traffic of +52.89% YoY at its stores for Q4 2021. As a result of beating the sales & EPS the stock next day closed at $185.21, up +7.8% from previous closing price. Advan's footfall data has a correlation of 0.98 on a YoY basis with CASY's top-line revenue over the last 12 quarters.

Advan Hits: CASY correlation traffic vs revenue

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About Advan

Advan is the leader in the financial and real estate industries, enabling participants to analyze foot traffic data across multiple sectors, including retail, hospitality, consumer services, energy, technology, healthcare, REITS, financials and others. Advan derives its datasets using multi parameter models that analyze cellphone location data crossed with curated geofenced areas.

Top tier institutional investors spanning from quantitative hedge funds to fundamental asset managers have been the main consumers of Advan’s products.