712 Digital Group - top

Supply chain issues continue to be a problem for businesses like Casey’s

News

March 14th, 2022 by Ric Hanson

(Radio Iowa) – Supply chain issues continue to impact businesses in Iowa, including the Ankeny-based Casey’s convenience store chain. Chief financial officer, Steve Bramlage, talked about the issue during a recent conference call on their third-quarter results. “While supply chain challenges have improved since the second quarter — notably in cups — the company still experienced disruption within prepared food and dispensed beverage,” Bramlage said.

He says supply shortages continue for one item in particular. “Bakery items — specifically our popular glazed donuts — continue to be in acute short supply as our vendor partners experience COVID-related disruptions,” he said. Bramlage says the supplies they are able to get for their prepared food are costing more — and the company has passed some of the cost on to customers. “The merchandise team was able to partially offset the cost increases with a round of proactive menu price increases and a more significant round of increases is scheduled for mid-March,” Bramlage said.

The company says its inside sales improved in its third-quarter as traffic into stores continues to improve.