The Pantry jumps 14% after narrower-than-expected Q2 loss

The Pantry, Inc. (Nasdaq:PTRY) shares are soaring 14% after the convenience store operator reported a second-quarter loss of $5.1 million, or $0.23 per share, which was better than Wall Street’s expectation of a loss of $0.26 per share. A year earlier, the Pantry posted a profit of $8.4 million, or $0.36 per share. Quarterly revenue jumped 40% to $2 billion, which bested the Street’s consensus estimate of $1.97 billion.

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