The Pantry swings to profit in Q3

C-store chain The Pantry reported Tuesday that it recorded net income of $18 million for the quarter ended June 24, compared with a loss of $749,000 in the year-ago period. Merchandise revenues for the third quarter increased 8.8%. Same-store sales rose 7.7%.The Pantry operates 1,641 stores in 11 states primarily under the Kangaroo Express banner.