A fall in second-quarter earnings has failed to stop employee-owned US retailer Publix from reporting half-year profits.
Publix, which operates 1,055 stores in the south of the US, said today (1 August) its net earnings dipped 0.2% in the second quarter of 2012 to US$381.6m.
However, the retailer booked a 1.3% rise in first-half earnings to $791m.
A 3.2% increase in second-quarter sales to $6.8bn led to a 3.7% gain in the first half to $13.4bn.
Quarterly comparable-store sales were up 1.9%. In the first half, comparable-store sales rose 2.6%.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
![](/wp-content/themes/goodlife-wp-B2B/assets/images/company-profile-unit.png)
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData