LAKELAND, Fla. — Publix Super Markets saw earnings rebound in the third quarter despite flat sales and falling comparable-store sales results.
The retailer here on Monday reported quarterly earnings of $254.9 million on sales of $5.8 billion for the period ending Sept. 30. Earnings increased 26.3% from the same period last year, when earnings fell by 18.9%. Sales were up 0.6%, while comparable-store sales fell by 4.7%.
Publix stock, which is available only to directors