Publix Profits Squeezed in Q2

LAKELAND, Fla. — Publix Super Markets here said profits were down slightly in the second quarter despite a 3.2% gain in revenues, including a 1.9% increase in comparable-store sales.

Net income of $382.4 million was off 0.2% from year-ago levels for the quarter. Total sales were $6.8 billion.

Through the first half, net income was up 1.3%, to $791 million, on a 3.7% increase in sal

Register to view the full article

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.