| Business Summary | | The
Pantry,
Inc.
is
an
operator
of
convenience
stores
in
the
Southeast.
As
of
September
28,
2000,
the
Company
operated
1,313
convenience
stores
under
the
names
The
Pantry,
Lil'
Champ,
Quick
Stop,
Depot,
Food
Chief,
Express
Stop,
Dash
N,
Smokers
Express,
ETNA,
Kangaroo,
Handy
Way,
Market
Express,
Mini
Mart,
Big
K,
On-The-Way,
Zip
Mart,
Wicker
Mart
and
Sprint,
located
throughout
North
and
South
Carolina,
Florida,
western
Kentucky,
Tennessee,
Virginia,
southern
Indiana,
Georgia
and
Mississippi.
Its
stores
offer
tobacco
products,
beer,
soft
drinks,
self-service
fast
food
and
beverages,
publications,
dairy
products,
groceries,
health
and
beauty
aids,
video
games
and
money
orders.
The
Company
also
sells
lottery
products
in
some
of
its
stores.
In
addition,
the
Company
also
sells
self-service
gasoline
at
1,267
Pantry
stores. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | The
Pantry
is
a
convenience
store
operator
in
the
southeastern
United
States
offering
merchandise
and
gasoline
as
well
as
ancillary
services.
As
of
12/00,
the
Company
operated
1,338
stores.
For
the
39
weeks
ended
6/28/01,
revenues
increased
12%
to
$1.98
billion.
Net
income
decreased
89%
to
$634
thousand.
Revenues
benefitted
from
stores
acquired
and
higher
retail
gasoline
prices.
Net
income
was
offset
by
the
inclusion
of
a
$3.7
million
restructuring
charge. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Peter Sodini, 59 Pres,
CEO | $812K | William Flyg, 58 Sr.
VP-Fin. and CFO | 377K | Daniel McCormack, 58 Sr.
VP, Marketing | 209K | Dennis Crook, 57 Sr.
VP, Admin. and Gasoline Marketing | 263K | Douglas Sweeney, 62 Sr.
VP, Operations | 275K | Dollar amounts are as of 30-Sep-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|