Winn-Dixie reports preliminary results

JACKSONVILLE, Fla. Winn-Dixie Stores reported preliminary results for its fourth quarter and fiscal year 2008. Identical-store sales for the fiscal year increased by 0.9%. Net income for fiscal 2008 is projected to be approximately $13 million, or 25 cents per share, the company reported.

Identical-store sales for the fourth quarter increased by 0.6%. According to the company, identical store sales were positively impacted by food inflation, partially offset by the timing of the Easter holiday.

For fiscal 2009, the company expects that identical-store sales will increase by approximately 1% to 1.5% as compared to fiscal 2008.