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  1. Southeastern Grocers Successfully Completes Financial Restructuring. Southeastern Grocers today announced that it has successfully completed its financial restructuring and has emerged from Chapter 11 in record timing.

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  2. Jun 1, 2018 · Southeastern Grocers (SEG) has emerged from Chapter 11 after completing its financial restructuring. Through this process, SEG says it has transformed its financial profile and established a strengthened balance sheet by decreasing overall debt levels by approximately $600 million, including $522 million of debt exchanged for equity in the ...

  3. May 31, 2018 · JACKSONVILLE, Fla., May 31, 2018 /PRNewswire/ -- Southeastern Grocers ("SEG" or "the Company") today announced that it has successfully completed its financial restructuring and has emerged...

  4. Dec 24, 2020 · For the 28 weeks ending July 10, 2018, Southeastern Grocers had a net loss of $62 million. In the 28 weeks ending July 8, 2020, the company reported a net income of $205 million.

    • Kathryn Underwood
  5. Operating profits have swung from a loss of $66.25 million in 2018 to gains of $287.129 million for the first nine months of 2020. Importantly, the company has de-risked and deleveraged very...

    • Noah Wilson
  6. Southeastern Grocers exited bankruptcy with 575 stores in seven states, down from 704 locations. They also announced a planned remodels of 100 stores in 2018. [ 45 ] In February 2019, Southeastern announced plans to shutter 22 locations in Florida, Georgia, North Carolina, and South Carolina.

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  8. Oct 20, 2020 · While the grocer is still turning a net loss, it has done quite well in the pandemic when compared to fiscal year 2019 (ended Dec. 25, 2019), which saw sales of $8.77 billion and a net loss of...

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