Saturday, June 13, 2015

Casey’s General Store is simply 'Tremendous’

Regular readers of this blog know that our Grocerant Guru™ writes regularly about the positive attributes of Casey’s General Stores, its exceptional leadership team and sales growth success.  This story will be no different. 

What a difference Ready-2-Eat and Heat-N-Eat fresh prepared food has made for Casey’s.  In prepared food and fountain sales, “Casey's annual goal was to increase same-store sales 9.5% with an average margin of 60%. For the year, same-store sales were up 12.4% with an average margin of 59.7%.  Simply put that once again is tremendous.  How are your sales?

During this quarter, Casey’s same-store sales were up 13.5% with an average margin of 60.9%.  While Casey’s reported that "Prepared food margin was under pressure for most of the fiscal year due to high input costs," …. "Fortunately we experienced some relief towards the end of the third quarter and have locked in favorable cheese costs through the end of December 2015 and coffee through December 2016. 

Now same-store sales of Ready-2-Eat and Heat-N-Eat fresh food continue to be favorably impacted by several initiatives, and they are particularly excited about rolling out our online pizza ordering system during fiscal 2016."  Yes, Online ordering is driving a difference, driving sales, and driving customer loyalty. Success does leave clues and Casey’s sales continue to be proof positive they have picked up the right clues.

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