JACKSONVILLE, Fla. — Stock in Winn-Dixie Stores rocketed by more than 30% Tuesday after the retailer here reported its post-bankruptcy turnaround program produced better-than-anticipated results during the third quarter that ended April 4. Winn-Dixie posted net earnings of $17.8 million, vs. a loss of $29 million a year ago. Overall sales of $1.2 billion decreased slightly for the period, but identical-store sales increased by 1.6%, reflecting larger average shopping baskets driven by better ...
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.