Publix Sales, Earnings Rise in 2Q

Earnings at Publix Super Markets improved by 16.1% to $306.4 million during the second quarter, while comparable-store sales climbed by 4% over the prior-year period, the company said yesterday.

LAKELAND, Fla. — Earnings at Publix Super Markets here improved by 16.1% to $306.4 million during the second quarter, while comparable-store sales climbed by 4% over the prior-year period, the company said yesterday. Sales increased by 5.9% to $5.7 billion. Publix’s stock, privately held by the company’s directors and employees, remained at $20.90 per share, based on its most recent appraisal. “I’m pleased our good results were able to offset relatively poor stock market performance,” Charlie

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