While sales and profits rose during the third quarter of 2016, the $40.15-per-share stock valuation is down 4.2 percent from August. Analysts praise same-store sales increases in challenging times. Said one: “There is deflation on the shelves, and that Publix still manages to post gains is a testament to them.”

Source: The Ledger

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Barry Friedman

barry@lkldnow.com

Barry Friedman founded Lkldnow.com in 2015 as the culmination of a career in print and digital journalism. Since 1982, he has used the tools of reporting, editing and content curation to help people in Lakeland understand their community better.

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