Janney Montgomery Scott Downgrades Winn-Dixie Stores (WINN) to Neutral
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Janney Montgomery Scott downgrades Winn-Dixie Stores (Nasdaq: WINN) to Neutral.
Janney analyst says, "Q1 loss per share (-$0.08, ex -7c impairment) missed our +$0.03, which was a penny ahead of $0.00 consensus...Obviously, much more work remains to drive sustainable positive comps, and with WINN's unique competitive risks (competes almost entirely against two terrific retailers), decelerating returns on remodels, and dubious company history, we see better risk/reward elsewhere in food retail."
To see more analyst ratings on WINN Click Here.
Winn-Dixie Stores, Inc. operates as a food retailer primarily under the 'Winn-Dixie' banner in the southeastern United States. The company's stores offer grocery, meat, seafood, produce, deli, bakery, floral, health and beauty, and other general merchandise items.
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