Publix posted positive second quarter results this week, with growth in net sales and earnings.
The Lakeland, Florida-based retailer saw net sales increase 6.8%, ending at $9.3 billion, while comparable store sales increased 4.8%. The company attributes the 1.2% comp sales jump to Easter being in the second quarter this year.
“I’m pleased that our Publix associates delivered good operating results,” says Publix CEO Todd Jones. “We continue to provide premier service to help offset the challenges in the stock market.”
Publix's sames for the six months ending on June 29 were up 5.5% to $19 billion, while its comp sales for that period were up 3.3%.