Earnings up, sales down at Winn-Dixie
Aug 8, 2003 12:00 PM, from staff and wire reports
Winn-Dixie Stores Inc, based in Jacksonville FL, announced sales and earnings for its fourth quarter and fiscal year ended June 25, 2003.Net earnings from continuing operations for the quarter were $62.5 million, compared with $52.8 million for the same quarter in 2002. For the year, net earnings from continuing operations were $239.2 million, versus $187.2 million for the previous year.
Sales from continuing operations for the 12 weeks ended June 25, 2003, were $2.7 billion, a decrease of $130.0 million or 4.5% compared with the same quarter in 2002. For the 52 weeks ended June 25, 2003, sales from continuing operations were $12.2 billion, a decline of $166.0 million or 1.3% versus the year before.
Winn-Dixie operates 1,073 stores in 12 states and the Bahama Islands.
