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Publix profits in Q1
Lakeland, Fla. – Publix Super Markets Inc. satisfied the public in the first quarter of fiscal 2015. The retailer’s net income jumped 11% to $548.9 million from $493.7 million in the same period a year earlier.
Sales were $8.3 billion, a 7% increase from $7.8 billion. Same-store sales increased 5.3%.
Publix stock is not publicly traded and is made available for sale only to current Publix associates and members of its board of directors.
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Fresh Market expands board
Greenboro, N.C. – The Fresh Market Inc. has elected Michael D. Casey, CEO and a director of Carter’s Inc., and Robert K. Shearer, formerly CFO of V.F. Corp, and currently a director of Church & Dwight Co. Inc., as independent directors. With these additions, The Fresh Market’s board has nine directors, eight of whom are independent directors.

