Winn-Dixie logs net losses for fiscal 4Q, year

Jan. 1, 2005
Winn-Dixie Stores Inc announced financial results for the fourth quarter and fiscal year ended June 30, 2004. During the fourth quarter of fiscal 2004,

Winn-Dixie Stores Inc announced financial results for the fourth quarter and fiscal year ended June 30, 2004.

During the fourth quarter of fiscal 2004, the Jacksonville FL-based food retailer had a net loss from continuing operations of about $2.1 million, compared with net earnings from continuing operations of $62.0 million in the fourth quarter of fiscal 2003. For the 2004 fiscal year, the company had a net loss from continuing operations of $50.8 million, versus net earnings from continuing operations of $236.1 million for the 2003 fiscal year.

Winn-Dixie incurred a net loss from discontinued operations of $20.6 million during the fourth quarter ended June 30, 2004, compared with net earnings from discontinued operations of $0.5 million in the fourth quarter of fiscal 2003. During the 2004 fiscal year, the firm reported a net loss from discontinued operations of $49.6 million, in contrast to net earnings of $3.1 million in fiscal 2003.

Sponsored Recommendations

Reducing CSA Violations & Increasing Safety With Advanced Trailer Telematics

Keep the roads safer with advanced trailer telematics. In this whitepaper, see how you can gain insights that lead to increased safety and reduced roadside incidents—keeping drivers...

80% Fewer Towable Accidents - 10 Key Strategies

After installing grille guards on all of their Class 8 trucks, a major Midwest fleet reported they had reduced their number of towable accidents by 80% post installation – including...

Proactive Fleet Safety: A Guide to Improved Efficiency and Profitability

Each year, carriers lose around 32.6 billion vehicle hours as a result of weather-related congestion. Discover how to shift from reactive to proactive, improve efficiency, and...

Tackling the Tech Shortage: Lessons in Recruiting Talent and Reducing Turnover

Discover innovative strategies for recruiting and retaining tech talent in the trucking industry at our April 16th webinar, where experts will share insights on competitive pay...

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!