Publix's profit soars 15.1% in 1st quarter

May 1, 2013 

Lakeland-based Publix's first-quarter profit jumped 15.1 percent from the previous year, the company reported Wednesday.

Sales reached $7.5 billion for a 6.1 percent increase from last year. Sales in established stores were up 3.9 percent.

Profit was $471.3 million, or a 15.1 percent increase. Earnings per share for the first quarter were to 61 cents, up from 52 cents the previous year.

The company said the Easter holiday in the first quarter of 2013 increased sales by about 1.3 percent. Easter was in the second quarter in 2012.

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