WINN-DIXIE SALES, EARNINGS UP SLIGHTLY IN FIRST QUARTER

JACKSONVILLE, Fla. -- Winn-Dixie Stores here reported slight gains in net earnings and sales for the first quarter ended Sept. 18.ile average-store sales were up 1.5%, the chain said.Net income in the quarter climbed 2.5% to $47 million from $45.9 million in the prior-year period, with earnings per share remaining virtually flat. Operating income increased 1.4% to $51.6 million from $50.9 million

JACKSONVILLE, Fla. -- Winn-Dixie Stores here reported slight gains in net earnings and sales for the first quarter ended Sept. 18.

ile average-store sales were up 1.5%, the chain said.

Net income in the quarter climbed 2.5% to $47 million from $45.9 million in the prior-year period, with earnings per share remaining virtually flat. Operating income increased 1.4% to $51.6 million from $50.9 million a year before.

James Kufeldt, Winn-Dixie's president, said he was disappointed with the company's slim first-quarter gains but expected stepped-up merchandising -- primarily a new price-lowering program -- and more cost control to lift results in the rest of the year.

1ST-QUARTER RESULTS

Qtr Ended 9/18/96 9/20/95

Sales $2.99 billion $2.93 billion

Change + 1.7%

Same-store - 1.1%

Net Income $47 million $45.9 million

Change + 2.5%

Inc/Share 31 cents 30 cents