JACKSONVILLE, Fla. — Stock in Winn-Dixie Stores here fell by more than 20% yesterday after executives acknowledged the retailer is likely to lose money in its current fiscal year. Expenses related to a store remodeling program, and non-cash items like depreciation and amortization, stock compensation expense and other charges, will exceed adjusted EBITDA in the 2008 fiscal year, which began June 28, according to Bennett Nussbaum, Winn-Dixie’s chief financial officer, speaking in a conference ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

Why Register for FREE?

Salary Survey 2015

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.

Click here to read the FAQ page if you have any questions (opens in a new window)

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.

Already registered? here.