CEO Peter Lynch

(Reuters) - Winn-Dixie Stores Inc <WINN.O> posted a wider quarterly loss and gave a weak 2010 outlook as recession-hit consumers shopped for lesser number of items on every visit to its stores, sending the supermarket chain's shares down 13 percent. Same store sales -- a key measure of retail health -- decreased 1.5 percentage for the first quarter compared with the year-ago period. The company also said sales were hurt as consumers shifted toward generic pharmaceuticals and an absence of storm-related sales that it saw last year. Adjusting for storm-related sales and the shift from branded pharmaceuticals to cheaper generics, same store sales were ... Read Full Story

Shares of Winn-Dixie Stores Inc. continued to drop on Tuesday, a day after the grocery-store operator posted a wider loss in its first quarter and gave a weak forecast for fiscal 2010. BMO Capital Markets analyst Karen Short in a note to investors called Winn-Dixie sales a"wild card." She said there is a chance that Winn-Dixie might not meet its lower outlook, suggesting sales at stores open more than a year between a range of a 1 percent decline and a 1 percent rise. Short said she doesn't see much room for cost cutting or improving gross margins. She noted that EBITDA "is extremely ... Read Full Story

Grocery-store operator Winn-Dixie Stores Inc. said Monday that its fiscal first-quarter loss widened as revenue declined due to storm-related sales and several store closures. The company's shares sank 10 percent in after-hours trading. For the quarter that ended Sept. 16, Winn-Dixie reported a loss of $8.1 million, or 15 cents per share. This included an impairment charge of 6 cents per share related to the closures of six stores, and compares with a loss of $2.3 million, or 4 cents per share, in the year-ago quarter. Sales fell 2 percent to $1.64 billion from $1.68 billion. Analysts polled by Thomson Reuters expected a loss ... Read Full Story

(Reuters) - Supermarket chain Winn-Dixie Stores Inc <WINN.O> posted a wider quarterly loss, hurt by consumers shifting toward generic pharmaceuticals and the absence of storm-related sales, and cut its 2010 EBITDA outlook, sending its shares down 13 percent after the bell. The company cut its full-year 2010 earnings before interest, taxes, depreciation and amortization (EBITDA) outlook to between $140 million and $160 million. For the latest first quarter, the company posted a loss of $8.1 million, or 15 cents a share, compared with a loss of $2.3 million, or 4 cents a share, a year ago. Sales at Winn-Dixie fell 2 percent to $1.64 ... Read Full Story

For those of you who shop at Winn-Dixie, you may have heard of their new Fuel Perks program. The program is through the Winn-Dixie Customer Rewards card. You have to go to the service desk and get a new card with a magnetic strip on the back. It only took me about 1 minute to do this. You have to give your new card to the cashier when you are checking out. *If you use your phone number, you will not get your fuel perks!* You accumulate $.05 for every $50.00 spent. If you don't spend $50 in one transaction, the amount is saved ... Read Full Story