Sales up slightly, but earnings dip in 2Q for Publix

Publix Super Markets said Monday that weakening tourism and the shift of Easter sales to the prior quarter contributed modest sales and a small dip in earnings in the fiscal second quarter, while heightened promotional activity resulted in lower gross margins.

The Lakeland, Fla.-based retailer said sales for the period, which ended June 25, totaled $8.1 billion, a 2.1% increase from last year’s $8 billion. Comparable-store sales for the second quarter of 2016 increased 1.1%. The

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