WINN-DIXIE CUTS 4Q GUIDANCE

JACKSONVILLE, Fla. -- Winn-Dixie Stores said last week it is lowering its guidance for the fourth quarter ending June 25, but not cutting back on plans to add new stores.The company said it expects its identical-store sales to decline by 3% to 4% in the fourth quarter, and anticipates reporting earnings of $39 million to $44 million, or 28 cents to 31 cents per share, down from its previous estimate

JACKSONVILLE, Fla. -- Winn-Dixie Stores said last week it is lowering its guidance for the fourth quarter ending June 25, but not cutting back on plans to add new stores.

The company said it expects its identical-store sales to decline by 3% to 4% in the fourth quarter, and anticipates reporting earnings of $39 million to $44 million, or 28 cents to 31 cents per share, down from its previous estimate of $49 million to $55 million, or 35 cents to 39 cents per share.

During a co

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