Publix Reports Second Quarter 2021 Results and Stock Price
Publix’s sales for the three months ended June 26, 2021 were $11.8 billion, a 3.9% increase from $11.4 billion in 2020. Comparable store sales for the three months ended June 26, 2021 increased 2.3%.
Net earnings for the three months ended June 26, 2021 were $1 billion, compared to $1.4 billion in 2020, a decrease of 26.2%. Earnings per share for the three months ended June 26, 2021 decreased to $1.46 per share, down from $1.94 per share in 2020. Excluding the impact of net unrealized gains on equity securities in 2021 and 2020, net earnings for the three months ended June 26, 2021 would have been $920.3 million, compared to...
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