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Roundy’s to open five stores in 2015; expects operating loss

1/16/2015

Milwaukee – Roundy’s Inc. expects to open five new stores in fiscal 2015, including one in the first quarter. However, the grocery chain also said it expects earnings per diluted share from continuing operations of flat to -$0.05 in the first quarter and a net loss of $0.07 to $0.18 per share in the fiscal year.



In guidance issued for the first quarter and fiscal year, Roundy’s also said it expects negative same-store sales growth of 0.25% to 1.25% in the quarter and 0.75% to 2.75% during the year. Net sales are expected to range from $980 million to $990 million during the quarter and $4 billion to $4.08 billion during the year.



The company is currently in a quiet period before its fourth quarter 2014 earnings announcement and therefore cannot discuss the financial guidance.


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