Don't look now, but Winn-Dixie has some momentum. “The results went from pretty bad to pretty good, pretty suddenly,” Andrew Wolf, an industry analyst with BB&T Capital Markets, Richmond, Va., observed recently. “It was as if someone pushed a button and the turnaround started happening.” Wolf was referring to financial results released by the Jacksonville, Fla.-based retailer last month that included identical-store sales increases of 1.6% and adjusted EBITDA of $46 million for the ...
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