• Publix Super Markets reports that its second quarter sales were up 5.9 percent to $5.7 billion, with earnings for the period up 16.1 percent to $306.4 million. Q2 same-store sales were up four percent.
• Starbucks Corp. said yesterday that its third quarter earnings rose nine percent to $158.3 million, from $145.5 million during the same period last year. Revenue was up 20 percent to $2.36 billion, from $1.96 billion in the year-ago quarter.
• Kraft Foods has posted second quarter net income of $707 million, up 3.7 percent from the $682 million in revenue that it reported during the same period a year ago. Q2 revenue was up 6.8 percent to $9.21 billion from $8.62 billion a year ago.
• Starbucks Corp. said yesterday that its third quarter earnings rose nine percent to $158.3 million, from $145.5 million during the same period last year. Revenue was up 20 percent to $2.36 billion, from $1.96 billion in the year-ago quarter.
• Kraft Foods has posted second quarter net income of $707 million, up 3.7 percent from the $682 million in revenue that it reported during the same period a year ago. Q2 revenue was up 6.8 percent to $9.21 billion from $8.62 billion a year ago.
- KC's View:
