JACKSONVILLE, Fla. — Winn-Dixie Stores here on Tuesday said cautious consumer spending pressured basket sizes in the fiscal second quarter, leading to a 2.9% decrease in identical-store sales. Net income of $2.1 million for the 16-week quarter, which ended Jan. 6, was down from $16.1 million in the year-ago period, when the company reaped a net gain of $13.8 million from an insurance settlement. Sales in the quarter fell 3.3%, to $2.2 billion, partly due to six store closures in the last ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.