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- 06 Dec
Casey’s reports retail fuel margins of $0.167 per gallon in Q2
Casey’s announced their retail fuel margins were $0.167 per gallon in Q2 of the 2013 fiscal year. That retail fuel margin is slightly ahead of their stated company goal of $0.140 per gallon. However, retail same store fuel gallons sold was down 2.9%, failing to meet the Casey’s corporate goal of increasing same store volume by 1%. This is the second consecutive quarter where same store retail fuel volume gallons sold was down by over 2.5%.
From a fuel price management perspective, these results indicate a classic case of pulling a lever to increase fuel margins to the point where volume results suffer.
Retail fuel margins for the same period last year were $0.149 per gallon.
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