US supermarket operator Winn-Dixie Stores has reported fourth-quarter earnings back in the black compared with the same period a year ago.

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A restructuring charge related to the sale of its operations in Texas and Oklahoma weighed heavy on profits this time last year. This year, the Florida-based company reported earnings of US$62.5m for the three months ended 25 June, compared with a loss of $21.9m in the year-ago period.

Sales were $2.7bn, down from $2.9bn in the same quarter last year.

For its fiscal year ending 25 June 25, the company reported earnings of $239.2m, or $1.70 a share, up from the $187.2m, or $1.33 a share, a year earlier, reported AP Online.

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Just Food Excellence Awards - Nominations Closed

Nominations are now closed for the Just Food Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

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