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Winn-Dixie posts $7.19 million operating loss for Feb. 22 to March 9
By Caroline Salls
Pittsburgh, April 12 - Winn-Dixie Stores Inc. posted a $7.19 million operating loss for the 16 days from Feb. 22 to March 9, according to its operating report filed Tuesday with the U.S. Bankruptcy Court for the Southern District of New York.
Net earnings were $125.85 million for the period thanks to a gain of $83.22 million from reorganization items and a $52.70 million gain on a disposal of discontinued operations.
Total cash on March 9 was $82.48 million, a decrease of $162.85 million from the beginning of the period.
Winn-Dixie filed for Chapter 11 on Feb. 21 in the U.S. Bankruptcy Court for the Southern District of New York. Its case number is 05-11063.
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