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Publix Reports Sales Increase of More Than 5%

Lakeland, Fla., based Publix’s sales for the second quarter of 2011 were $6.6 billion, a 5.8 percent increase from last year’s $6.2 billion.

Lakeland, Fla., based Publix’s sales for the second quarter of 2011 were $6.6 billion, a 5.8 percent increase from last year’s $6.2 billion.

Comparable-store sales for the second quarter of 2011 increased 4.2 percent. 

Net earnings for the second quarter of 2011 were $382.4 million, compared to $348.4 million in 2010, an increase of 9.7 percent.

Comparable-store sales for the first half of 2011 increased 3.5 percent.

 Net earnings for the first half of 2011 were $780.5 million, compared to $712.8 million in 2010, an increase of 9.5 percent.

These amounts are based on unaudited reports released Aug. 1 that will be filed with the U.S. Securities and Exchange Commission (SEC).

“I’m proud our good operating performance resulted in another increase in our stock price,” said Publix CEO Ed Crenshaw. “I congratulate our associates for continuing to deliver premier service.”

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