LAKELAND, Fla. -- Publix Supermarkets here said its sales for the third quarter increased 7.2% to $3.5 billion. cents in the previous-year quarter. Same-store sales were up 3.7%. Based on the most recent appraisal, Publix's stock price decreased from $47.50 to $41 in the quarter. Commented Charlie Jenkins Jr., Publix chief executive officer, "Our valuation was impacted by the significant stock market decline during the third quarter.
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’sFREE, easy and quick. What are you waiting for!In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.