Publix profit rises to $312M in Q3

Publix Super Markets Inc., the second-largest grocery chain in the metro Atlanta market, reported Tuesday its third-quarter profit increased 10.1 percent.

Net earnings in the third quarter hit $311.9 million, or 40 cents a share, compared with $283.2 million, or 36 cents a share, in the third quarter of 2010.

Lakeland, Fla.-based Publix’s sales for the third quarter of 2011 were $6.4 billion, up 5.5 percent from $6 billion in the third quarter of 2010.

Comparable-store sales for the third quarter of 2011 rose 4...

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