Winn-Dixie's Operating Loss Narrows, Sales Dip Slightly in August
JACKSONVILLE, Fla. - Winn-Dixie Stores, Inc. here saw its net loss shrink to $2,480 million in August, compared to a $14,431 million loss in July, according to a filing on Friday with the U.S. Securities and Exchange Commission. The improvement came from a net gain from discontinued operations, including Winn-Dixie's sale of its 78 percent ownership in Bahamas Supermarkets Limited on Aug. 9, for $54 million.
The retailer posted monthly net sales of $527,774 million, and $136,771 million gross profit on sales. That figure is slightly down from July, when its sales were $551,288 million and gross profit on sales was $145,655 million.
Winn-Dixie recently notified the SEC that it would delay filing its annual report until Sept. 26 or earlier.
The retailer posted monthly net sales of $527,774 million, and $136,771 million gross profit on sales. That figure is slightly down from July, when its sales were $551,288 million and gross profit on sales was $145,655 million.
Winn-Dixie recently notified the SEC that it would delay filing its annual report until Sept. 26 or earlier.