LAKELAND, Fla. — Publix Super Markets said Tuesday that net income increased 2.8% during the first quarter behind a 4.2% gain in sales.
Publix stock was subsequently valued at $22.70 a share, up from $22.40, officials said. Publix stock is held by directors and employees only and is not publicly traded.
Related story: Publix Posts Sales, Earnings Gains in Q4
"I'm pleased we had another increase in our stock price during a time of economic challenges," Ed Crenshaw, ...
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