Publix Q3 sales up 3.5%

LAKELAND, Fla. Publix’s sales for third quarter 2010 totaled $6 billion, the company reported Monday, representing a 3.5% increase as compared with the year-ago period. Comparable-store sales for the third quarter increased 2.7%.

Net earnings for third quarter 2010 were $283.2 million, an increase of 11.1%.

“I’m very pleased that our good operating performance and improvements in the stock market resulted in an increase in our stock price,” stated Publix CEO Ed Crenshaw. “Our associate owners continue to deliver exceptional customer service, the key to our success.”