The Pantry Releases Fiscal Q4 and 2010 Results

The Pantry Inc. has announced the financial results for its fiscal fourth quarter and year ended Sept. 30, 2010. The quarter and year included 14 and 53 weeks, respectively, one more week than the comparable periods in fiscal 2009. In the fourth quarter, net income for The Pantry totaled $8.5 million or $0.38 per diluted

NCSU Scores Narrow Lead In Battle for Bean Street

Cary, N.C.-based The Pantry Inc., has announced more than 20,000 University of North Carolina, NC State University and Duke University branded coffee cups have been purchased at Triangle Kangaroo Express locations since the start of the Battle for Bean Street competition three weeks ago. For the first time in a single collaborative campaign, Kangaroo Express

The Pantry Completes Presto Acquisition

The Pantry Inc. has completed the previously disclosed acquisition of 47 convenience stores from Presto Convenience Stores LLC. The stores operate under the Presto trade name and are located in Kansas with three stores in Missouri. The 47 acquired stores generated revenues of approximately $194 million for the 12 months ended May 2010. The acquisition

Kangaroo Express Helps Break Guinness World Record

The Pantry Inc., an independently-operated convenience store chain in the Southeastern U.S., helped break a Guinness World Record by hosting a Wake County elementary school’s official World Sport Stacking Association (WSSA) Stack Up! event at one of its Kangaroo Express convenience stores. The 2010 WSSA Stack Up! was a Guinness World Record event in which

The Pantry Names Mark Bierley as CFO

Cary, N.C.-based The Pantry Inc. an independently operated convenience store chain in the southeastern U.S., has appointed Mark Bierley as the company’s senior vice president and chief financial officer, effective Sept. 27, 2010. Bierley replaces Frank Paci, who has informed the board of directors that he plans to resign, effective Sept. 26, 2010, to pursue

The Pantry Purchases 47 Presto C-stores

Cary, N.C.-based The Pantry Inc., operator of Kangaroo Express, is purchasing 47 Presto Convenience Stores throughout Kansas and Missouri, including five in the Kansas City metro area. The locations-all but three of which are in Kansas-reported a revenue of about $194 million during the year that ended last May. The deal is expected to close

The Pantry Announces Q3 Results

Cary, N.C.-based The Pantry Inc. has announced financial results for its third fiscal quarter ended June 24, 2010. The Pantry reported net income for the quarter of $18.0 million or $0.80 per diluted share, compared to a net loss of $749,000 or $0.03 per share in last year’s third quarter. The results for the third

The Pantry And Marathon Partner

Cary, N.C.-based The Pantry Inc., operator of Kangaroo Express stores and Marathon Petroleum Co. LLC, the refining, marketing and transportation operations of Marathon Oil Corp. have announced a joint-branding fueling agreement set to take place this fall. Under the terms of the agreement, Marathon will supply fuel to more than 600 Pantry locations, with a

The Pantry Inc. Posts First Quarter Loss

  The Pantry Inc. has reported a wider-than-expected first-quarter loss, due to below-average fuel and grocery margins, Reuters reported. For the first quarter ended Dec. 24, the company posted a net loss of $26.1 million, or $1.17 a share, compared with a profit of $38.5 million, or $1.73 a share, last year. Excluding 90 cents

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