Casey’s CFO says volatile fuel margins weighed on profitability
Casey’s General Stores CFO Steve Bramlage said the company is navigating a “volatile” fuel environment, with fuel margins varying depending on headlines, as rising oil costs weigh on profitability.
Casey’s General Stores is contending with a choppy fuel backdrop as higher oil costs weigh on profitability. Chief Financial Officer Steve Bramlage told analysts on a call that "volatile is the word I would describe the fuel margins," adding that the level can shift depending on the headlines in the paper.