PUBLIX POSTS 6.5% INCREASE IN 4Q PROFITS
LAKELAND, Fla. — Publix Super Markets here last week posted a 6.5% gain in net income for the fourth quarter, to $311 million, on a 6.1% increase in sales, to $5.9 billion. Comparable-store sales were up 3.6%. For the full year, net income rose 7.9%, to $1.2 billion, on a 6.3% increase in sales to $23 billion. Comps for the full year were up 4.3%. “Our operating performance continues to be solid under difficult economic conditions,” said Charles ...
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