Growth Continues for Publix with Rising Sales, Earnings, and Stock Value

Publix’s sales for the second quarter rose 7.3%, increasing from $14.5 billion to $15.6 billion. Comparable store sales were also up, growing 6% during the quarter. The company estimates that approximately 1% of the year-over-year sales growth in Q2 was due to the timing of the Easter holiday, which fell in the second quarter of 2025 but in the first quarter of 2024.

Net earnings for the quarter increased 41.5% to $1.4 billion, compared to...

Executives from Kroger, Publix, Sysco and Walmart Join GS1 US Board of Governors

The GS1 US Board of Governors has elected four industry leaders to join the GS1 US Board: Benjamin Hamilton, vice president, supply chain planning, Kroger; Brad Oliver, senior vice president of product business development, Publix Super Markets, Inc.; Greg Keller, senior vice president, national accounts, Sysco, SYGMA, and Guest Worldwide; and Greg Cathey, senior vice president, transformation and innovation, Walmart. Additionally, Brian Dick, president and CEO, Golden State Foods, has been appointed vice chairman.

These executives comprise a cross-industry Board of Governors...

Publix Sees Solid Growth in Q4 and FY 2024 Results 

In its latest financial results, Publix has seen robust growth in quarterly and fiscal earnings.

For the fourth quarter of 2024, the company reported sales of $15.5 billion, reflecting a 5.5% increase compared to the same period in 2023.

Net earnings for the quarter totaled $1.1 billion.

For the full year, Publix achieved sales of $59.7 billion, a 4.6% increase over fiscal 2023.

Comparable store sales rose by 2.9% year-over-year.

Net earnings for the year amounted to...

Publix Names Vice President of Finance

Today, Publix Super Markets CEO Kevin Murphy announced the promotion of Doug Stalbaum to vice president of finance, effective Jan. 1, 2025.

Stalbaum, 45, joined the company in 2019 as director of business analysis and reporting, and was promoted to his current role, vice president and controller, in 2022. Prior to joining Publix, he was a senior audit manager at an accounting firm for eight years, senior director and controller at a restaurant chain for six years and director of finance at a furniture retailer for three years. He currently...

Publix Reports Third Quarter 2024 Results and Stock Price

Publix’s sales for the three months ended Sept. 28, 2024 were $14.6 billion, a 4.9% increase from $14 billion in 2023. Comparable store sales for the three months ended Sept. 28, 2024 increased 3.4%. The company estimates sales for the three months ended Sept. 28, 2024 increased 0.6% due to the impact of Hurricane Helene.

Net earnings for the three months ended Sept. 28, 2024 were $1.1 billion, compared to $833 million in 2023, an increase of 31.7%. Earnings per share...