PUBLIX POSTS PROFIT GAINS

LAKELAND, Fla. -- Publix Super Markets here last week said its second-quarter profits rose 17.8%, to $234.9 million, on a sales gain of 7%, to $4.8 billion.income was up 22.6%, to $494 million, on a sales gain of 8.8%, to about $10 billion.Publix said the value of its stock, which is not publicly traded and is available only to employees and directors, was up $6.25, to $72.75 per share. Publix operated

LAKELAND, Fla. -- Publix Super Markets here last week said its second-quarter profits rose 17.8%, to $234.9 million, on a sales gain of 7%, to $4.8 billion.

income was up 22.6%, to $494 million, on a sales gain of 8.8%, to about $10 billion.

Publix said the value of its stock, which is not publicly traded and is available only to employees and directors, was up $6.25, to $72.75 per share. Publix operated 858 stores at the end of the second quarter, vs. 824 at the end of last year's second quarter.