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Casey’s sees good first quarter

News

September 13th, 2023 by Ric Hanson

(Radio Iowa) – The Ankeny-based convenience store chain Casey’s reports a good first quarter. C-E-O Darren Rebelez (Reh-bell-ez) talked about the results in a conference call for investors.

He says the company saw gas sales increase slightly, while maintaining a gas margin of nearly 42 cents a gallon. Rebelez has said in the past the company has been able to take advantage of big changes in gas prices, but he says they maintained their margin this quarter without that happening.

He says the amount of profit they make on gas has remained strong.

Rebelez says in-store says were up more than eight percent– driven by sales of their new thin crust pizza.