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Jacob Bacon Phillips

Senior Equity Analyst at Melius Research

Jacob Bacon Phillips is a Senior Equity Analyst at Melius Research, specializing in coverage of major companies in the food distribution and restaurant supply sectors such as Sysco and Performance Food Group. He has provided actionable investment recommendations, exemplified by setting target prices and offering thorough earnings insights, with his calls cited in market-moving publications. Phillips began his analyst career prior to joining Melius Research, where he has established a reputation for detailed sector knowledge and regularly features on key earnings calls of leading food service corporations. He holds relevant professional credentials necessary for equity research analysts, including FINRA securities licenses.

Jacob Bacon Phillips's questions to CASEYS GENERAL STORES (CASY) leadership

Question · Q1 2025

Jacob Bacon Phillips, on for Karen Short, asked for an update on the fuel supply chain capabilities and how Fikes will integrate, and also requested the total pounds of cheese used in the prepared foods business.

Answer

CEO Darren Rebelez confirmed the successful first execution of its 'Fuel 3.0' upstream purchasing strategy and noted the Fikes acquisition is exciting as it brings a fuel terminal and an experienced team. CFO Stephen Bramlage stated that Casey's used over 40 million pounds of cheese in the last fiscal year, with a total cost of over $100 million.

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