Weak Forecast Sinks Winn-Dixie Stock

Winn-Dixie last week reported increases in sales and profits for its fourth quarter and the 2007 fiscal year, but a forecast that it would lose money in fiscal 2008 contributed to a collapse in its stock price. Expenses related to a store remodeling program, and non-cash items like depreciation and amortization, stock compensation expense and charges related to bankruptcy emergence,

JACKSONVILLE, Fla. — Winn-Dixie last week reported increases in sales and profits for its fourth quarter and the 2007 fiscal year, but a forecast that it would lose money in fiscal 2008 contributed to a collapse in its stock price.

Expenses related to a store remodeling program, and non-cash items like depreciation and amortization, stock compensation expense and charges related to bankruptcy emergence, will exceed adjusted EBITDA in the 2008 fiscal year, which began June 28, a

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