Earnings Rebound for Publix in Q3

Publix Super Markets saw earnings rebound in the third quarter despite flat sales and falling comparable-store sales results.

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

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