Gasoline prices are tanking, summer driving season had just beban and the margins will skyrocket as gasoline prices drop further. Lets not forget the extra money the consumer is saving from low gas prices may be spent inside on some goodies. Load the truck...good news will be coming soon.
Not from what I have seen, lately. The stores look worse than I have ever seen them. If people have money, I don't think they will go to Pantry when a Quik Trip is next door. I think Pantry is positioned for a takeover and a stock offering. It will be Circle K or 7-Eleven who pulls them out of the brink.