Publix Posts Q4 Earnings Gain; Cap-Ex to Drop

Publix Super Markets saw net earnings increase by 14.1% in the fourth quarter despite a comparable-store sales decline of 2.5%, the company reported Monday.

LAKELAND, Fla. Publix Super Markets saw net earnings increase by 14.1% in the fourth quarter despite a comparable-store sales decline of 2.5%, the company reported Monday.

Total sales rose 1% to $6.1 billion, and net income totaled $284.2 million. The quarter and fiscal year ended Dec. 26.

In an annual report filed with the Securities and Exchange Commission, Publix said net earnings for

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