Publix sees positive numbers for Q1
LAKELAND, Fla. Publix’s first-quarter sales and same-store sales increased 2.1% and 0.9%, respectively, from the year-ago period, the Florida-based retailer announced.
Sales for first quarter 2010 totaled $6.5 billion, while net earnings for the quarter increased 13.3% to $364.4 million, compared with $321.5 million in 2009. Earnings per share also rose in 2010 to 47 cents, from 41 cents last year.
Effective May 1, Publix’s stock price increased from $17.35 per share to $18.50 per share. Publix stock is not publicly traded and is made available for sale only to current Publix associates and members of its board of directors.
“I’m proud of all the Publix associates who have worked hard to continue delivering premier customer service in these difficult times,” said Publix CEO Ed Crenshaw. “Our improved operating performance is a result of their hard work and dedication.”
BioSante to re-initiate prostate cancer vaccine program
LINCOLNSHIRE, Ill. Drug maker BioSante Pharmaceuticals has restarted a development program for a prostate cancer vaccine, the company said Monday.
The company announced plans to begin treating prostate cancer patients using the GVAX Prostate vaccine in a phase 2 clinical trial at Johns Hopkins Sidney Kimmel Comprehensive Cancer Center beginning in fourth quarter 2010.
“We have worked with GVAX Prostate Cancer Vaccine for several years and believe there is a great potential to develop a treatment regimen that will be a significant benefit to men who suffer with prostate cancer,” Johns Hopkins associate professor Charles Drake said in a statement on behalf of BioSante.
The news comes days after the Food and Drug Administration approved Dendreon Corp.’s prostate cancer vaccine Provenge (sipuleucel-T), which works by modifying the patient’s own immune cells.
Stater Bros. announces prenatal vitamin offering for mothers-to-be
SAN BERNARDINO, Calif. A Southern California supermarket chain is offering free prenatal vitamins to expectant mothers this month.
In line with Pregnancy Awareness Month, Stater Bros.’ said its Super Rx Pharmacy will offer prenatal vitamins to those with a doctor’s prescription. Quantities must be written for a thirty-day supply and not to exceed 30 tablets. The free prenatal vitamin program will feature the generic version of these well-known brands:
- Advanced Natal Care
- Natal Care Glosstabs
- Nata Tab Rx
- Natal Care Plus
- Ultra Natal Care
This initiative is one of several Stater Bros. has offered its customers. The supermarket chain also offers a free antibiotic program and $4 generic prescription drug program.
“Stater Bros. remains committed to the health and well-being of our valued customers,” stated Jack Brown, Stater Bros. chairman and CEO. “As the only supermarket chain in Southern California to offer this program free of charge, Stater Bros. is proud to promote the health of mothers-to-be while easing some of the economic burden that many of our valued customers are facing.”