Publix announces 1.1% comp store sales gain in 4Q
Publix reported sales of $9.3 billion for the fourth quarter. That is an increase of about 3.8% increase over the $8.9 billion posted in prior year period. Comparable store sales were up 1.1%. Net earnings for the quarter ended December 29 were $407 million, down 46.9% from the $766.