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Winn-Dixie loss widens in Q1

11/2/2010

Jacksonville, Fla. Winn-Dixie Stores reported late Monday that its first quarter loss widened to $76.8 million for the quarter ended Sept. 22, compared with a loss of $8.1 million in the year-ago period.

The grocer, which operates 485 stores in five southern states, cited falling sales and one-time expenses associated with taxes and 30 store closings for the widened loss.

Revenue decreased 2% to $1.5 billion. Same-store sales dropped 2.8%.

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