LAKELAND, Fla. -- Publix Super Markets here said last week sales rose 11.5% to $14.6 billion for the year ended Dec. 30.
a 2.2% sales increase.
Net income for the year rose 14.7% to $530.4 million, or $2.52 per share, and same-store sales rose 3.4%.
Publix said its stock price increased 2.7% to $48.25 per share, compared with $47 a year earlier.
Publix stock is not publicly traded and is made available for sale only to current Publix associates, the company noted.