LAKELAND, Fla. -- Publix Super Markets here said its stock price has increased $5 to $51.50, based on its most recent appraisal, the highest price the stock has ever reached. Andrew Wolf, an equity analyst with BB&T Capital Markets, Richmond, Va., noted that the company's success at boosting both sales and earnings simultaneously is what caused the appraisal to increase. "Publix is one of the top retailers in the country, arguably the top conventional food retailer," he said. The ...
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.