Publix stays strong during Q2
LAKELAND, Fla. Publix reported a second-quarter sales gain of 2.7% from last year’s $5.9 billion.
Second-quarter net earnings for 2009 were $300.8 million compared with $295.8 million in 2008, an increase of 1.7%. Publix's stock prices increased from $15.55 per share to $16.05 per share.
“Although the economy continues to be weak, I’m pleased with the improvement in our operating results and stock price,” said Publix CEO Ed Crenshaw. “I congratulate our associates for continuing to deliver premier customer service.”