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Publix Advances Sales, Earnings In Q3

In the third quarter, supermarket retailer Publix advanced its results, with earnings, sales and comps all slightly increasing.

In the third quarter, Publix recorded net earnings of $421.1 million, or 55 cents per share, versus $412.3 million, or 53 cents per share, in the period a year prior.

Comparable-store sales at the employee-owned company gained 0.9% from the quarter a year ago. Overall sales were $8 billion, Publix maintained, up from $7.8 billion in the year-earlier quarter.

Currently, Publix operates 1,129 stores in Florida, Georgia, Alabama, Tennessee, South Carolina and North Carolina.


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