Publix: Second Quarter Fiscal Report


Sponsored Message
Learn More

Tue. November 22nd, 2011

In its second quarter fiscal report, Publix Super Markets reported a surge in net income of 9.7% to $382.4 million. Comparable-store sales for the Lakeland, Florida retailer rose 4.2% and total sales for the period rose 5.8% to $6.6 billion. For the first half of 2011, Publix reported a rise in net income of 9.5%, to $780.5 million, on a 5.1% increase in sales, to $13.4 billion. Publix Chief Executive Officer Ed Crenshaw stated "I'm proud our good operating performance resulted in another increase in our stock price, and I congratulate our associates for continuing to deliver premier service."<hr class="legacyRuler"><hr class="invisible minimal-padding">