Publix reports 3.2% comps in 4Q

Publix Super Markets on Tuesday said sales improved by 4.5% in the fourth quarter to $8.2 billion, while earnings improved by 15% to $521.1 million.

Comparable-store sales improved by 3.2% in the quarter.

For the fiscal year, the Lakeland, Fla., company reported earnings of $2 billion, a 13% increase, on sales of $32.4 billion. Sales increased by 5.9% for the fiscal year, while comps for the year were up by 4.2%

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