WINN-DIXIE VOLUME ACHIEVES RECORD; SAME-STORE SALES UP

LISA A. TIBBITTS

JACKSONVILLE, Fla. -- Winn-Dixie Stores here reported record sales for the second quarter ended Jan. 10.

Overall, sales jumped 12.1% to $3.97 billion for the 16 weeks and 13.1% to $6.9 billion for the 28 weeks. Same-store sales increased 5.6% for both the quarter and the year-to-date.

Quarterly income increased 7.4% to $72.5 million. Earnings for the first six months of the year increased 10% to $118.3 million.

President James Kufeldt explained that the operating results were "slightly affected" by the company's "aggressive" store expansion plan.

Winn-Dixie opened 33 new stores, averaging 47,400 square feet; closed 28 older stores, averaging 29,600 square feet, and remodeled or enlarged 75 stores. Forty-seven stores are currently under construction. The company plans to open 70 new stores and enlarge or remodel 120 existing units, according to a statement.

At the end of the quarter, Winn-Dixie operated 1,180 supermarkets compared with 1,158 in the year-ago period.

2ND-QUARTER RESULTS

Qtr Ended 1/10/96 1/11/95

Sales $3.97 billion $3.54 billion

Change 12.1%

Same-store 5.6%

Net Income $72.5 million $67.5 million

Change 7.4%

Inc/Share 48 cents 45 cents

28 Weeks 1996 1995

Sales $6.9 billion $6.1 billion

Change 13.1%

Same-store 5.6%

Net Income $118.3 million $107.5 million

Change 10%

Inc/Share 78 cents 72 cents