On Monday evening, supermarket chain Winn-Dixie Stores Inc. beat its rivals to post a 10% increase in profits to US$ 16.6M (US$ 0.30 per share) for its Q03 2008/2009 ended April 1. This performance also surpassed analysts’ expectations of US$ 0.12 per share, and the good news kept coming, as the company raised its earnings guidance for the year. Winn-Dixie now expects Earnings Before Income, Depreciation & Amortization of between US$ 145M and US$ 152M vs its previous estimate of between US$ 110M and US$ 125M.
Post a Comment