Inflated cheese costs are hurting Casey’s pizza
BPC Staff Jun 14, 2022 | 3:33 pm
<1 min read time
87 wordsAll Latest News, Retail and Business, Statewide NewsAxios Des Moines: Rising gas prices are causing a nationwide uproar, but here in the Midwest, sharp increases in cheese costs are hitting us where it really hurts — our gas station pizza. Inflated cheese costs resulted in a $3.5 million hit to Casey’s gross profits last quarter, CEO Darren Rebelez said in a shareholder’s meeting this month. The cost of cheese, one of the company’s largest commodity expenses, rose by 30% in comparison with last fiscal year. It now costs about $2.26 per pound of mozzarella.
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