Anche lei in cerca di bottom........
WINN-DIXIE REPORTS SALES AND EARNINGS
FOR THE FIRST QUARTER
JACKSONVILLE, FLORIDA, OCTOBER 8, 2003 - Winn-Dixie Stores, Inc. (NYSE: WIN), at its annual shareholders' meeting today, announced sales and earnings for its first quarter of fiscal 2004.
Sales for the 12 weeks ended September 17, 2003 were $2.7 billion, a decrease of $164.1 million or 5.8% compared with the same quarter last year. For the quarter, identical store sales, which include enlargements and exclude the stores that opened or closed during the period, decreased 6.6%. Comparable store sales, which include replacement stores, decreased 6.6% for the quarter.
Net earnings for the quarter were $1.2 million, or $0.01 per diluted share, compared to $34.8 million, or $0.25 per diluted share, for the same quarter last year.
Frank Lazaran, Winn-Dixie's President and Chief Executive Officer stated, "Our previously reported earnings guidance of breakeven reflected our commitment to invest promotional dollars to increase sales. During the quarter, we initiated a plan to increase sales and improve earnings for the remainder of the fiscal year. The plan includes increased promotional activity, lowered pricing, improved friendly service, clean stores, improved in-stock conditions, neighborhood-specific marketing and increased capital expenditures for remodeling, especially expenditures for in-store lighting improvements. We are committed to executing and following through on the plan. Our results will depend on our execution, competitors' response and customer acceptance of our plan over the remainder of the year."
On October 7, 2003, the Company amended and restated its senior secured credit facility. As amended, the facility includes a three-year revolving facility of $300.0 million containing multiple one-year renewal options and replaces the prior 364-day and five-year revolving facilities. The amended facility is an asset-based facility with a borrowing base comprised of an agreed percentage of the inventory balance.
For the 12 weeks ended September 17, 2003, the Company opened three new stores, averaging 37,200 square feet, closed one store, totaling 33,500 square feet and enlarged or remodeled 18 store locations, for a total of 1,075 locations in operation on September 17, 2003, compared to 1,073 at September 18, 2002. As of September 17, 2003, retail space totaled 47.7 million square feet compared to 47.5 million square feet in the previous year.
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Financials
Last 12 Months 5 Year Growth
Sales 12.0 Bil -3.1%
Income 205.7 Mil NA
Dividend Rate 0.20 -28.46%
Dividend Yield 2.50% 3.60%
More Financials - as of 9/03
Fundamental Data
Debt/Equity Ratio 0.32
Gross Margin 29.70%
Net Profit Margin 1.70%
Shares Outstanding 141.6 Mil
Market Capitalization 1.13 Bil
Earnings/Share 1.46
StockScouter Rating 5
fyi Earnings Estimates
Qtr(12/03) EPS Estimate 0.13
FY(6/04) EPS Estimate 0.75
Current P/E 5.50
FY(6/05) EPS Estimate 0.71
Forward P/E 10.60
Il grafico parla chiaro..............
I fondamentali mi sembrano buoni non ha molti debiti ed ha una buona cassa.
ha solo problemi di vendita come si evince anche dalla pres. del suo CEO relativamente alle strategie.
Ecco queste mi sembrano un pò deboluccie ma non conosco i dettagli, io forse taglierei un pò di costi....cmq. rimaniamo nel reale

Questo è un caso tipico di quelle azioni che se cisarà vera ripresa partiranno nella seconda fase, ossia quando ripartiranno i consumi. L'inverno dovrebbe essere un buon periodo

Io la seguo e vi darò ulteriori ragguagli cmq. è interessante

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Sono graditi vs. riscontri