The Pantry reaffirms full year revenue guidance, shares gain
Convenience store chain The Pantry, Inc. (Nasdaq:PTRY) reaffirmed its full year fiscal 2008 guidance this morning, pushing shares up in late morning trading. The Sanford, N.C.-based firm also said that it expects its earnings for its fiscal third quarter to decline from the year-ago quarter, but that it expects earnings to beat the consensus on Wall Street.
Shares gained 11%, or $0.95, to $10.01 in late morning trading. For detailed price information and recent news stories about The Pantry, click PTRY.
About the Author
Reporter Jennifer Schonberger is based in SmallCapInvestor.com's Washington, D.C. bureau.
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