Jacob Bacon Phillips's questions to Caseys General Stores Inc (CASY) leadership • Q1 2025
Question
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.