The Pantry - News

Ticker Symbol: PTRY

The Pantry News - Upcoming

The Pantry will purchase 40 convenience stores in the second half of 2009, primarily in the Mobile, Alabama area.

The Pantry News - Past

The Pantry swung to a 2009 Q2 gain of $6.3 million, or $0.28/share, versus a $5.1 million loss, or $0.23/share one year ago. The convenience store?s positive results were attributable to a $26 million bond buyback and relatively strong margins on store items and gasoline. Revenues declined 36% from $2.04 billion to $1.31 billion. Analysts had forecasted a loss of $0.18/share on revenues of $1.47 billion. Gasoline revenues dipped 44.2% due to a 41% year-over-year drop in prices, while margins per gallon improved from $0.09 to $0.112

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