Winn-Dixie Stores, Inc.

Jacksonville, FL

About Winn-Dixie Stores, Inc.

Company overview

Winn-Dixie Stores, Inc. is a prominent supermarket chain operating in the southeastern United States. Founded in 1925, Winn-Dixie has a long-standing presence in the grocery industry and is committed to providing quality products and exceptional customer service. With a focus on convenience, affordability, and a wide selection of goods, Winn-Dixie has become a trusted destination for grocery shopping. Product/Service Line Breakdown: Grocery Products: Winn-Dixie offers a comprehensive range of grocery products to meet the everyday needs of its customers. This includes fresh produce, meats, seafood, dairy products, frozen foods, canned goods, snacks, beverages, and pantry staples. The grocery section caters to a diverse customer base, providing a variety of options to accommodate different dietary preferences and cultural backgrounds. Bakery and Deli: The bakery and deli departments at Winn-Dixie provide freshly baked goods, pastries, bread, and a variety of deli meats and cheeses. Customers can find an assortment of freshly prepared salads, sandwiches, rotisserie chicken, and ready-to-eat meals. These departments offer convenient options for customers looking for quick and tasty solutions for their meals. Meat and Seafood: Winn-Dixie prides itself on its high-quality meat and seafood offerings. Customers can choose from a selection of fresh cuts of beef, poultry, pork, and seafood. The meat and seafood departments often provide specialty items, marinated meats, and value-added products to cater to different cooking preferences and occasions. Health and Wellness: In addition to groceries, Winn-Dixie recognizes the importance of health and wellness. The stores have dedicated sections offering a range of products related to vitamins, supplements, over-the-counter medications, personal care items, and beauty products. These offerings cater to customers' health needs and provide a convenient one-stop shop for their wellness requirements. Household Essentials: Winn-Dixie stocks a wide array of household essentials, including cleaning supplies, paper products, pet care items, and general home goods. Customers can find everything they need to maintain their homes and meet their everyday needs within the aisles of the supermarket. Pharmacy Services: Many Winn-Dixie locations have an in-store pharmacy, providing prescription medications, over-the-counter drugs, and health consultations. The pharmacy department offers a range of services, including medication refills, immunizations, and personalized advice from licensed pharmacists, contributing to the overall well-being of customers. Online Shopping and Delivery: Winn-Dixie recognizes the growing demand for online grocery shopping and offers convenient options for customers to order groceries online and have them delivered to their doorstep. This service allows customers to shop from the comfort of their homes and have their groceries conveniently delivered, saving them time and effort.

Keywords

Revenue

Revenue

EBITDA

EBITDA

Valuation

Valuation
Income Statement
Line Item20242023202220212020
Revenues$380 MM$250 MM$90 MM$120 MM$65 MM
Gross Profit$190 MM$125 MM$45 MM$60 MM$32.50 MM
Net Income (Loss)$43 MM$25 MM$9 MM$12 MM$6.50 MM
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Balance Sheet
Line Item20242023202220212020
Total Assets$850 MM$720 MM$680 MM$650 MM$600 MM
Total Liabilities$450 MM$400 MM$380 MM$350 MM$320 MM
Total Equity$400 MM$320 MM$300 MM$300 MM$280 MM
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Ratios

Revenue / EBITDA
123 MM
Valuation / Revenue
123 MM
Valuation / Employees
$123 MM
EBITDA / Revenue
$123 MM
1-Year CAGR (Revenue)
03
3-Year CAGR (Revenue)
11
1-Year CAGR (Employees)
19
3-Year CAGR (Employees)
96

Employee Figures

Employees

Key Executives

NameTitleSocialsEmailPhone

401K

Total Active Participants
1234
No. Participants with Account Balances
56789
Total Liabilities Start of Year
1234
Total Assets Start of Year
56789

M&A2024-03-15Completed

Seller

Founders Group

Investor Sponsors

NorthBridge PE

Deal Amount

$120M

Target Company Valuation

$1.20 MM

Techniques

Acquisition of Assets, Taken Private

Stake Tags

100%

Is PE deal

Yes

Is deal PE backed

Yes

Total Acquired

100%

Secondary Transaction2023-09-01Canceled

Target

BrightHealth Technologies

Seller

Early Investors Consortium

Investor Sponsors

--

Deal Amount

Undisclosed

Target Company Valuation

NaN

Techniques

Secondary Sale, Management Buy-out (MBO)

Stake Tags

Majority

Is PE deal

No

Is deal PE backed

Yes

Total Acquired

65%

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