Publix Posts Q2 Gains


Thu. August 1st, 2013 - by Eric Anderson

<p>Publix has released financial results for the second quarter 2013, noting an increase in sales and earnings.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">Sales for the quarter increased by 3.8% from $6.8 billion to $7 billion while comparable-store sales rose 2.1 %.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">Net earnings grew 5% from $13.9 billion to $14.5 billion. Earnings per share jumped from $0.49 to $0.51.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">As of August 1, Publix’s stock price increased from $26.90 per share to $27.55 per share.</p><hr class="legacyRuler"><hr class="invisible minimal-padding"><p>“I’m proud our operating performance resulted in another increase in our stock price,” said Publix CEO Ed Crenshaw. “Our Publix associates continue to work hard every day to deliver premier customer service that makes shopping a pleasure.”<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding"><a class="btn btn-sm btn-primary col-lg-12" style="white-space: normal;" href=" http://www.publix.com/" target="_new">Publix</a></p><hr class="legacyRuler"><hr class="invisible minimal-padding">