C-Store Chain Pantry Hikes '05 Earnings Forecast on Gasoline Sales, Enhanced Merchandising
SANFORD, N.C. -- Leading Southeastern c-store retailer Pantry, Inc. here yesterday raised its fiscal 2005 financial forecast, citing higher gasoline sales, recent rebranding efforts, and enhanced private label and food offerings for the brighter outlook. The company raised its guidance to a range between $2.55 and $2.60 per share.