Winn-Dixie Stores (NASDAQ: WINN), a grocery chain that competes with Wal-Mart (NYSE: WMT), reported Q4 earnings on Monday after the bell. Shareholders should appreciate the net-income turnaround. The business produced a profit of 17 cents per share, a figure that was one penny ahead of estimates. Winn-Dixie was dealing with a loss of 10 cents per share a year ago.

Same-store sales weren't terribly exciting. They advanced 1.6% (they were driven by the timing of the Easter holiday, it should be noted). Gross margin, however, did increase. And cash flow from operating activities for the twelve-month frame wasn't bad.

As earnings season begins to wind down, some apparel retailers are scheduled to report quarterly results this week. Analysts polled by Thomson Reuters anticipate that Walmart Stores Inc. (NYSE: WMT), the 800-pound gorilla in the space, will report that it earned $0.77 per share in the first quarter, about the same as in the first quarter of last year. But JCPenney Co. (NYSE: JCP), Kohl's Corp. (NYSE: KSS), Nordstrom Inc. (NYSE: JWN), and Urban Outfitters Inc. (NASDAQ: URBN) are expected to report lower profits for the first quarter as consumers continued to hold off on spending. Macy's Inc. (NYSE: M) and Abercrombie & Fitch Co. (NYSE: ANF) are expected to have swung to a loss year over year.

Whole Foods Market Inc. (NASDAQ: WFMI) and Winn Dixie Stores Inc. (NASDAQ: WINN) are likewise expected to report declining earnings, while the Great Atlantic & Pacific Tea Co. (NYSE: GAP), parent of the A&P supermarket chain, is expected to have narrowed its net loss 68.9% to $0.28 per share.