In her assessment of the Ankeny, Iowa-based chains quarterly results, Bonnie Herzog, managing director of beverage, tobacco and convenience-store research for Wells Fargo Securities, New York, said Caseys experienced weak consumer demand in farm-belt markets, overall softness in restaurants and food retail, a deceleration of cigarette sales and a reversal of recent uptrading trends and a general food deflation. For us, if you look at fiscal 2017, the best-case scenario is margins will be stable to slightly down in the cigarette category, said Bill Walljasper, CFO of Caseys
They may have failed so many times in the past that theyre discouraged
Many believe that if they do lose their balance, they could quickly grab something to arrest their fall and regain their balance
ISBN 1845202678
2018;15:2207 Ferschmann L, Bos MGN, Herting MM, Mills KL, Tamnes CK
Cigarettes are combusted (burned), not digested