Winn-Dixie reports smaller loss than forecast
Posted on 2:09 PM, under Earnings, economy, Perception
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SAN FRANCISCO (MarketWatch) -- Winn-Dixie Stores shares rose Tuesday after the company reported a smaller loss than Wall Street expected and stuck by its full-year forecast.
Winn-Dixie late Monday said it lost $2.3 million, or 4 cents a share, in its fiscal first quarter. Analysts polled by FactSet Research had predicted a loss of 21 cents a share. A year ago, the supermarket operator lost $790,000, or 1 cent a share.
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