Roundy’s Announces 5 New Stores in its Fiscal 2015 Financial Guidance
MILWAUKEE, WI – Roundy’s has announced the addition of 5 new stores to its fiscal 2015 lineup.
This news came as part of the Wisconsin-based retailer’s recently released financial guidance for the 2015 fiscal year ending January 2, 2016 and the first quarter ending April 4, 2015.
According to the report, Roundy’s plans to open one new store in the first quarter of FY 2015 and an additional 4 throughout the remainder of the year.
The company is projecting a 0.25-1.25% loss in same-store sales growth for Q1 and a 0.75-2.75% loss for the fiscal year.
For the year, Roundy’s is expecting $4-4.08 billion in net sales and an adjusted EBITDA of $115-125 million.
For now, it is unclear where these new store locations might be. The company currently operates 148 retail grocery stores and 97 pharmacies under the Pick’ n Save, Copps, Metro Market and Mariano’s retail banners in Wisconsin and Illinois.
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