SOUTHEASTERN GROCERS, INC.

General Information
Business:

We are a leading regional food retailer based on revenue and number of stores we operate with a long-standing history in the Southeastern United States, serving highly attractive markets throughout Florida, Georgia, Alabama, Louisiana and Mississippi. We operate 420 stores under the “Winn-Dixie,” “Harveys” and “Fresco y Más” supermarket banners. We believe we are the sixth-largest conventional supermarket operator in the United States and the second-largest conventional supermarket operator in the five states in which we operate, respectively, based on aggregate number of stores we operate. According to IRI Worldwide industry data, we maintain the #2 market share position by revenue among conventional supermarkets within the six major markets in which we compete in the five states in which we operate. Additionally, we operate 140 liquor stores, 231 in-store pharmacies and one centralized specialty pharmacy, which supplement our product assortment and drive incremental sales. (Note: Revenue (net sales) and net loss figures are for fiscal year 2019, according to the prospectus. For the 28 weeks ended July 8, 2020, Southeastern Grocers reported net sales of $5.3 billion and net income of $205.7 million; this marked a swing to a profit for the 28 weeks ended July 8, 2020, from a loss for fiscal year 2019.) 

 

Industry: Retail - Grocery Stores
Employees:
Founded: 2018
Contact Information
Address
Phone Number
Web Address http://www.segrocers.com/
View Prospectus: SOUTHEASTERN GROCERS, INC.
Financial Information
Market Cap
Revenues $8277.4 mil (last 12 months)
Net Income $-116.2 mil (last 12 months)
IPO Profile
Symbol SEGR
Exchange NYSE
Shares (millions): 0.0
Price range $0.00 - $0.00
Est. $ Volume $100.0 mil
Manager / Joint Managers BofA Securities/ Goldman Sachs
CO-Managers Deutsche Bank Securities/ BMO Capital Markets/ Truist Securities/ Wells Fargo Securities
Expected To Trade:
Status: TBA
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
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