Pantry narrows Q1 loss

Cary, N.C. -- The Pantry reported Tuesday that it narrowed its loss in the quarter ended Dec. 29 to $2.9 million, from $12.2 million in the year-ago period.



Total revenue increased to $1.96 billion, beating Wall Street's expected $1.93 billion in revenue.



Same-store merchandise revenue increased 2% in the quarter.