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Published on 5/17/2005 in the Prospect News Distressed Debt Daily.

Winn-Dixie posts $74.89 million operating loss for March 10 to April 6

By Caroline Salls

Pittsburgh, May 17 - Winn-Dixie Stores Inc. reported a $74.89 million operating loss for the period from March 10 to April 6 on sales of $758.94 million, according to its operating report filed Monday with the U.S. Bankruptcy Court for the Middle District of Florida.

The net loss for the period was $84.17 million. The loss from discontinued operations was $2.46 million.

Cash at the end of the period was $34.22 million, down from $82.48 million at the beginning of the period.

Winn-Dixie, a Jacksonville, Fla., supermarket operator, filed for bankruptcy on Feb. 21. Its Chapter 11 case number is 05-11063.


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