PUBLIX EARNINGS, STOCK TUMBLE IN Q3
LAKELAND, Fla. — Rising internal costs and a struggling customer base combined to send quarterly earnings down by 18.9% in the third quarter, Publix Super Markets here said last week. In unaudited financial results, Publix said sales for the quarter improved 3.7% to $5.8 billion, with comparable-store sales rising by 1.2%. Net earnings, however, fell to $201.8 million from $249 million in the same period a year ago. Publix stock, which is not publicly ...
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