Casey's General Stores (NASDAQ: CASY) has announced a new three-year strategic plan centered on expanding its food and beverage offerings, adding at least 400 stores, and improving operational efficiency through technology investments.

The Ankeny, Iowa-based convenience store chain, which operates over 2,900 locations, said the plan builds on its previous three-year strategy launched in 2023, during which the company added more than 500 stores and joined the S&P 500.

The new plan identifies three priorities: growing its food business, expanding its store count through acquisitions and new development, and investing in data-driven tools including artificial intelligence for forecasting and inventory planning.

On the food side, Casey's said it plans to expand its made-to-order offerings, including pizza and chicken wings, and grow its private-brand portfolio. Chief Merchandising Officer Tom Brennan noted that wing sales in Des Moines, where the product has been available for more than a year, are up 20% year over year.

Regarding store growth, Chief Operations Officer Ena Williams cited the completed integration of CEFCO, which the company described as its largest acquisition to date, as an example of its ability to expand through both acquisitions and new builds.

President and CEO Darren Rebelez said in a statement that the company is "focused on expanding our food business, growing our store base, and leveraging technology to improve efficiency and execution."

Casey's claims to be the third-largest convenience store retailer and the fifth-largest pizza chain in the United States.