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News Releases - 2006
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DateTitle 
12/22/06The Pantry Completes Acquisitions of Eight Convenience Stores in Mississippi and Florida
SANFORD, N.C.--(BUSINESS WIRE)--Dec. 22, 2006--The Pantry, Inc. (NASDAQ:PTRY), the leading independently operated convenience store chain in the southeastern U.S., today announced that it has completed the previously disclosed acquisitions of eight convenience stores in Mississippi and Florida. Seven of the stores were in northern Mississippi, where they have been operating under the Rascal's name; they generated revenue of approximately $20 million in their latest fiscal year. ... 
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12/19/06The Pantry to Acquire Eight Convenience Stores in Florida
SANFORD, N.C.--(BUSINESS WIRE)--Dec. 19, 2006--The Pantry, Inc. (NASDAQ: PTRY), the leading independently operated convenience store chain in the southeastern U.S., today announced that it has signed a definitive agreement to acquire eight convenience stores in Gainesville and Ocala, Florida, from Rousseau Enterprises, Inc. The stores operate under a variety of banners, including LeStore, and generated revenues of approximately $21 million in 2005. Chairman and Chief Executive O... 
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12/12/06The Pantry to Acquire 24 Sun Stop Convenience Stores
SANFORD, N.C.--(BUSINESS WIRE)--Dec. 12, 2006--The Pantry, Inc. (NASDAQ: PTRY), the leading independently operated convenience store chain in the southeastern U.S., today announced that it has signed a definitive agreement to acquire 24 Sun Stop convenience stores in Florida, Georgia and Alabama from Southwest Georgia Oil Company, Inc. The stores generated revenues of approximately $110 million in 2005. Chairman and Chief Executive Officer Peter J. Sodini said, "We are pleased t... 
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11/28/06The Pantry Agrees to Acquire 16 Angler's Stores in South Carolina
Also Agrees to Buy Two Additional Stores, one in North Carolina and one in Alabama SANFORD, N.C.--(BUSINESS WIRE)--Nov. 28, 2006--The Pantry, Inc. (NASDAQ: PTRY), the leading independently operated convenience store chain in the southeastern U.S., today announced that it has signed a definitive agreement to acquire 16 Angler's Mini-Mart convenience stores in the Charleston, South Carolina market. The stores generated revenues of approximately $73 million ... 
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11/21/06The Pantry Reports Participation in the JPMorgan Consumer & Retail Holiday Conference on Tuesday, November 28, 2006
SANFORD, N.C.--(BUSINESS WIRE)--Nov. 21, 2006--The Pantry, Inc. (NASDAQ:PTRY), the leading independently operated convenience store chain in the southeastern U.S., today announced that executive management has been invited to participate in the JPMorgan Consumer & Holiday Conference on Tuesday, November 28th at 2:40 p.m. EST. The Company will have a live audio webcast, with a replay available for 14 days. The webcast will be accessible through the Company's web site at www.t... 
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11/16/06The Pantry Announces Record Fourth Quarter and Fiscal 2006 Financial Results
Establishes Fiscal 2007 EPS Guidance of $2.80 to $3.00 SANFORD, N.C.--(BUSINESS WIRE)--Nov. 16, 2006--The Pantry, Inc. (NASDAQ: PTRY), the leading independently operated convenience store chain in the southeastern U.S., today announced financial results for its fourth fiscal quarter and year ended September 28, 2006. Total revenues for the fourth quarter of fiscal 2006 were $1.7 billion, a 22.5% increase from last year's fourth quarter. Net income for the quarter was $26.7... 
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11/09/06The Pantry, Inc. Schedules Release of Fourth Quarter and Fiscal Year 2006 Results and Conference Call
SANFORD, N.C.--(BUSINESS WIRE)--Nov. 9, 2006--The Pantry, Inc. (NASDAQ:PTRY), the leading independent convenience store operator in the southeastern U.S., today announced that it will host a conference call at 10:00 a.m. Eastern time on Thursday, November 16, 2006. The purpose of the call will be to provide interested parties with fourth quarter and fiscal year 2006 results. The Pantry, Inc. will release financial results for its fourth quarter and fiscal year ended September 28, 2006... 
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11/07/06The Pantry Provides Update on Recent Acquisition and Store Development Activity
SANFORD, N.C.--(BUSINESS WIRE)--Nov. 7, 2006--The Pantry, Inc. (NASDAQ:PTRY), the leading independently operated convenience store chain in the southeastern U.S., today provided an update on its recent acquisition and new store development activity. Over the final six weeks of fiscal 2006, which ended September 28, 2006, the Company acquired an additional five convenience stores in Mississippi and Florida, including two in Florida's Panhandle, which marked The Pantry's initial e... 
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10/24/06The Pantry Opens First Certified 'Green' Convenience Store in U.S.
SANFORD, N.C.--(BUSINESS WIRE)--Oct. 24, 2006--The Pantry, Inc. (NASDAQ:PTRY), the leading independently operated convenience store chain in the southeastern U.S., today announced the opening of the first convenience store in the United States to achieve Leadership in Energy and Environmental Design (LEED) certification by the U.S. Green Building Council. The LEED Green Building Rating System(TM) is the nationally accepted benchmark for the design, construction, and operation of... 
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10/23/06The Pantry Comments on Fiscal 2006 Results
Preliminary Results Significantly Above Previous Guidance SANFORD, N.C., Oct 23, 2006 (BUSINESS WIRE) -- The Pantry, Inc. (NASDAQ:PTRY), the leading independently operated convenience store chain in the southeastern U.S., today announced that it expects fiscal 2006 earnings per share to substantially exceed its previous guidance. Based on preliminary, unaudited data, the Company expects to report diluted earnings per share for its fiscal year ended September 28, 2006 in a range between... 
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10/12/06The Pantry Names Melissa Anderson Senior Vice President - Human Resources
SANFORD, N.C.--(BUSINESS WIRE)--Oct. 12, 2006--The Pantry, Inc. (NASDAQ: PTRY), the leading independently operated convenience store chain in the southeastern U.S., today announced that it has named Melissa Anderson, to the newly created position of Senior Vice President - Human Resources. Ms. Anderson joins The Pantry from International Business Machines Corp., where she progressed through a variety of increasingly challenging human resources positions during her remarkable 17-... 
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08/14/06The Pantry Completes Acquisition of Six Fuel Mate Stores in North Carolina
SANFORD, N.C.--(BUSINESS WIRE)--Aug. 14, 2006--The Pantry, Inc. (NASDAQ: PTRY), the leading independently operated convenience store chain in the southeastern U.S., today announced that it has completed the acquisition of six Fuel Mate convenience stores in North Carolina. The stores, all located near the Company's headquarters in Sanford, North Carolina, generated revenues of approximately $24 million in 2005. The acquisition increases the size of the Company's store base in N... 
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07/27/06The Pantry Announces Record Third Quarter Financial Results
SANFORD, N.C.--(BUSINESS WIRE)--July 27, 2006--The Pantry, Inc. (NASDAQ: PTRY), the leading independently operated convenience store chain in the southeastern U.S., today announced financial results for its third fiscal quarter and nine months ended June 29, 2006. Total revenues for the quarter were approximately $1.6 billion, up 41.0% from the corresponding period last year. Net income rose 22.2% to $20.3 million, from $16.6 million a year ago. Diluted earnings per share were $... 
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07/20/06The Pantry, Inc. Schedules Conference Call to Review Third Quarter Fiscal Year 2006 Results
SANFORD, N.C.--(BUSINESS WIRE)--July 20, 2006--The Pantry, Inc. (NASDAQ: PTRY), the leading independent convenience store operator in the southeastern U.S., today announced that it will host a conference call at 10:00 a.m. Eastern time on Thursday, July 27, 2006. The purpose of the call will be to provide interested parties with third quarter fiscal year 2006 results. The Pantry, Inc. will release financial results for its third quarter ended June 29, 2006 before the market opens on J... 
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07/20/06The Pantry Names Keith Bell Senior Vice President - Fuels
SANFORD, N.C.--(BUSINESS WIRE)--July 20, 2006--The Pantry, Inc. (NASDAQ: PTRY), the leading independently operated convenience store chain in the southeastern U.S., today announced that it has named Keith Bell, 42, to the newly created position of Senior Vice President - Fuels. In this role, Mr. Bell will oversee all of the Company's internal gasoline and environmental operations, and will also manage its external relationships with major oil companies. Mr. Bell is an 18-year ve... 
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07/06/06Maria C. Richter and Wilfred A. Finnegan Appointed to the Pantry, Inc. Board of Directors
SANFORD, N.C.--(BUSINESS WIRE)--July 6, 2006--The Pantry, Inc. (NASDAQ: PTRY), the leading independently operated convenience store chain in the southeastern U.S., today announced that its Board of Directors has appointed Maria C. Richter and Wilfred (Bill) A. Finnegan to serve as Directors of the Company. The appointments, which are effective July 5, 2006, increase the size of the Board from eight members to 10. Mr. Finnegan, 48, is an independent consultant and most recently ... 
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06/22/06The Pantry to Acquire Six Fuel Mate Stores in North Carolina; Also Completes Acquisitions of Two Additional Stores in North Carolina and Alabama
SANFORD, N.C., Jun 22, 2006 (BUSINESS WIRE) -- The Pantry, Inc. (NASDAQ: PTRY), the leading independently operated convenience store chain in the southeastern U.S., today announced that it has signed a definitive agreement to acquire six Fuel Mate convenience stores in North Carolina. The six stores, which are all located near the Company's headquarters in Sanford, North Carolina, generated revenues of approximately $24 million in 2005. Separately, the Company recently acquired a convenie... 
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05/12/06The Pantry Completes Acquisition of 38 Shop-a-Snak Food Mart Stores in Alabama
SANFORD, N.C.--(BUSINESS WIRE)--May 12, 2006--The Pantry, Inc. (NASDAQ: PTRY), the leading independently operated convenience store chain in the southeastern U.S., today announced that it has completed the acquisition of Shop-A-Snak Food Mart, Inc., which operates 38 convenience stores in Alabama. The acquisition also includes dealer and fuel supply arrangements for several additional stores. Shop-A-Snak Food Mart generated total revenues of approximately $123 million in 2005. ... 
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04/27/06The Pantry Announces Record Second Quarter Financial Results
SANFORD, N.C.--(BUSINESS WIRE)--April 27, 2006--The Pantry, Inc. (NASDAQ: PTRY), the leading independently operated convenience store chain in the southeastern U.S., today announced financial results for its second fiscal quarter ended March 30, 2006. Total revenues for the quarter were approximately $1.3 billion, a 39.1% increase from last year's second quarter. Net income was $9.2 million, or $0.39 per share on a diluted basis, more than double net income a year ago of $3.3 mi... 
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04/20/06The Pantry, Inc. Schedules Conference Call to Review Second Quarter Fiscal Year 2006 Results
SANFORD, N.C., Apr 20, 2006 (BUSINESS WIRE) -- The Pantry, Inc. (NASDAQ:PTRY), the leading independent convenience store operator in the southeastern U.S., today announced that it will host a conference call at 10:00 a.m. Eastern time on Thursday, April 27, 2006. The purpose of the call will be to provide interested parties with 2nd quarter fiscal year 2006 results. The Pantry, Inc. will release financial results for its second quarter ended March 30, 2006 before the market opens on April ... 
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03/16/06The Pantry Reports Participation in the Merrill Lynch 2006 Retailing Leaders Conference on March 21, 2006
SANFORD, N.C.--(BUSINESS WIRE)--March 16, 2006--The Pantry, Inc. (NASDAQ: PTRY), the leading independently operated convenience store chain in the southeastern U.S., today announced that executive management has been invited to participate in the Merrill Lynch 2006 Retailing Leaders Conference being held in New York City on March 21, 2006 at 8:00 A.M. EST. The Company will have a live audio webcast, with a replay available for 14 days. The webcast will be accessible through the ... 
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03/02/06The Pantry to Acquire 38 Shop-A-Snak Food Mart Stores In Alabama
SANFORD, N.C.--(BUSINESS WIRE)--March 2, 2006--The Pantry, Inc. (NASDAQ: PTRY), the leading independently operated convenience store chain in the southeastern U.S., today announced that it has signed a definitive agreement to acquire Shop-A-Snak Food Mart, Inc., of Birmingham, Alabama, which operates 38 convenience stores in Alabama. The acquisition also includes dealer and fuel supply arrangements for several additional stores. Privately held Shop-A-Snak Food Mart generated total rev... 
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02/21/06The Pantry Reports Participation in Wachovia Securities Consumer Growth Conference on February 23, 2006
SANFORD, N.C.--(BUSINESS WIRE)--Feb. 21, 2006--The Pantry, Inc. (NASDAQ:PTRY), the leading independently operated convenience store chain in the southeastern U.S., today announced that executive management has been invited to participate in the Wachovia Securities Consumer Growth Conference being held in Miami on February 23, 2006 at 8:40 A.M. EST. The Company will have a live audio webcast, with a replay available for 30 days. The webcast will be accessible through the Company... 
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02/21/06The Pantry Announces Changes in Its Board of Directors; Peter J. Sodini Elected Chairman of the Board; Thomas M. Murnane Named Lead Independent Director
SANFORD, N.C.--(BUSINESS WIRE)--Feb. 21, 2006--The Pantry, Inc. (NASDAQ: PTRY), the leading independently operated convenience store chain in the southeastern U.S., today announced that President and CEO Peter J. Sodini has been elected Chairman of the Board. In addition, Thomas M. Murnane has been elected Lead Independent Director. Mr. Sodini has been the Company's President and Chief Executive Officer since 1996, and a director since 1995. He has chaired meetings of the Compan... 
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02/20/06The Pantry Files Automatic Shelf Registration Statement for its Previously Issued $150,000,000 3% Senior Subordinated Convertible Notes
SANFORD, N.C., Feb 20, 2006 (BUSINESS WIRE) -- The Pantry, Inc. (NASDAQ: PTRY), the leading independently operated convenience store chain in the southeastern U.S., announced today that it has filed an automatic shelf registration statement with the Securities and Exchange Commission with respect to the resale by holders thereof of the $150,000,000 aggregate principal amount of 3% Senior Subordinated Convertible Notes due 2012 (and the shares of common stock issuable upon conversion of th... 
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02/17/06The Pantry Completes Acquisition of 39 Interstate Food Stops in Mississippi and Louisiana
SANFORD, N.C.--(BUSINESS WIRE)--Feb. 17, 2006--The Pantry, Inc. (NASDAQ: PTRY), the leading independently operated convenience store chain in the southeastern U.S., today announced that it has completed the acquisition of 39 convenience stores in Mississippi and Louisiana from Waring Oil Company, LLC, which has been operating the stores under the Interstate Food Stops banner. The stores generated total revenue of approximately $100 million in 2004. The acquisition expands The Pa... 
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02/10/06The Pantry Completes Acquisition of 19 Stores from Lee-Moore Oil Company
SANFORD, N.C.--(BUSINESS WIRE)--Feb. 10, 2006--The Pantry, Inc. (NASDAQ: PTRY), the leading independently operated convenience store chain in the southeastern U.S., today announced that it has completed the acquisition of 19 convenience stores in North Carolina from Lee-Moore Oil Company, which has been operating the stores under the TruBuy and On-The-Run(R) banners. The stores generated total revenue of approximately $66 million in 2004. The acquisition also included various de... 
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01/26/06The Pantry Announces Record First Quarter Financial Results
SANFORD, N.C.--(BUSINESS WIRE)--Jan. 26, 2006--The Pantry, Inc. (NASDAQ: PTRY), the leading independently operated convenience store chain in the southeastern U.S., today announced financial results for its first fiscal quarter ended December 29, 2005. Total revenues for the quarter were approximately $1.3 billion, a 39.7% increase from last year's first quarter. Net income was $33.0 million, or $1.45 per share on a diluted basis, more than double net income a year ago of $12.4 ... 
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01/25/06Mark D. Miles Appointed to The Pantry, Inc. Board of Directors
SANFORD, N.C.--(BUSINESS WIRE)--Jan. 25, 2006--The Pantry, Inc. (NASDAQ:PTRY), the leading independently operated convenience store chain in the southeastern U.S., today announced that its Board of Directors has appointed Mark D. Miles to serve as a Director of the Company. Mr. Miles, 52, was Chief Executive Officer of ATP, the men's professional tennis organization, from 1990 through December 2005. He presided over ATP's transformation from a start-up situation in 1990 into a ... 
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01/25/06Terry L. McElroy Appointed to The Pantry, Inc. Board of Directors
SANFORD, N.C., Jan 25, 2006 (BUSINESS WIRE) -- The Pantry, Inc. (NASDAQ: PTRY), the leading independently operated convenience store chain in the southeastern U.S., today announced that its Board of Directors has appointed Terry L. McElroy to serve as a Director of the Company. The appointment is effective March 1, 2006. Mr. McElroy, 57, is President of McLane Grocery Distribution, a unit of McLane Company, Inc. McLane is a leading national provider of wholesale distribution and logistics... 
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01/19/06The Pantry Announces Strong Preliminary First Quarter Financial Results; Raises Fiscal 2006 EPS Guidance to $2.95 - $3.05; Schedules Release of Quarterly Results and Conference Call
SANFORD, N.C.--(BUSINESS WIRE)--Jan. 19, 2006---The Pantry, Inc. (NASDAQ: PTRY), the leading independently operated convenience store chain in the southeastern U.S., today announced preliminary financial results for its first fiscal quarter ended December 29, 2005. Subject to final adjustments, the Company expects to report earnings per share for the quarter in a range between $1.43 and $1.48, more than double its earnings per share of $0.59 in the corresponding period last year... 
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