Publix Reports Third Quarter 2011 Results


Fri. November 4th, 2011

<p><strong>LAKELAND, FL -</strong> Objects in a state of uniform motion tend to remain in that state of motion, in this case the objects are quarterly numbers. Publix announced its sales for the third quarter of 2011 with a report of $6.4 billion, a 5.5 percent increase from last year&rsquo;s $6 billion. Third quarter, comparable-store sales for 2011 increased 4.3 percent. Net earnings for the third quarter of 2011 were $311.9 million, an increase of 10.1 percent when compared to $283.2 million in 2010.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding"> Overall, Publix&rsquo;s sales for the first nine months of 2011 were $19.7 billion, a 5.2 percent increase from $18.8 billion for the same period last year. The first nine months of 2011 showed an increase of 3.7 percent for comparable-store sales. &ldquo;I&rsquo;m pleased that our Publix associates delivered strong operating results,&rdquo; said Ed Crenshaw, Publix CEO. </p><hr class="legacyRuler"><hr class="invisible minimal-padding"><p>www.publix.com</p><hr class="legacyRuler"><hr class="invisible minimal-padding">