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PUBLIX SALES RISE FOR QUARTER

LAKELAND, Fla. -- Publix Super Markets here said sales rose 8.5% to $2.9 billion for the 13-week second quarter ended June 30. Sales for the half rose 9.3% to $6 billion. Same-store sales for the quarter were up approximately 4.3%; the company did not release same-store sales for the year to date. The company said net income rose 8.2% to $88.4 million for the quarter and 8.5% to $207.4 million for

August 10, 1998

1 Min Read
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LAKELAND, Fla. -- Publix Super Markets here said sales rose 8.5% to $2.9 billion for the 13-week second quarter ended June 30. Sales for the half rose 9.3% to $6 billion. Same-store sales for the quarter were up approximately 4.3%; the company did not release same-store sales for the year to date. The company said net income rose 8.2% to $88.4 million for the quarter and 8.5% to $207.4 million for the half.

26 Weeks 1998 1997

Sales $6.0 billion $5.6 billion

Change 9.3%

Same-store N/A

Net Income $207.4 million $175.5 million

Change 8.5%

Inc/Share 55 cents 47 cents

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