Publix Reports Second Quarter 2024 Results and Stock Price

Publix’s sales for the three months ended June 29, 2024 were $14.5 billion, a 3.1% increase from $14.1 billion in 2023. The company estimates sales were negatively impacted by 1.1% due to the effect of the Easter holiday being in the first quarter in 2024. In 2023, the effect of the Easter holiday was in the second quarter. Comparable store sales for the three months ended June 29, 2024 increased 1.1%.

Net earnings for the three months ended June 29, 2024 were $972... 

Hooters Launches Line of Frozen Appetizers and Snacks Featuring Iconic Boneless and Bone-In Chicken

For fans seeking Hooters at all hours of the day and night, the crave is over. For the first time ever, Hooters has introduced a line of frozen appetizers and snacks, allowing consumers to bring the iconic taste of Hooters home. Available at Publix Super Markets nationwide, these four new frozen products give fans the opportunity to have Hooters’ world-famous food at their fingertips.

Hooters has licensed an impressive selection of wing and boneless chicken styles to suit every taste, complete with Hooters’...

Pete & Gerry’s Broadens Distribution Partnership with Publix to Include Pasture-Raised Eggs

Pete & Gerry's, LLC, a pioneer in humane egg farming, today announced that Pete & Gerry's Pasture-Raised™ Eggs will now be available in all 1,400+ Publix Super Markets throughout the Southeast. Joining Pete & Gerry's Organic® and Nellie’s Free Range eggs in the egg aisle, the Pete & Gerry's Pasture-Raised is now on shelves in all Publix stores throughout Alabama, Florida, Georgia, Kentucky, North Carolina, South Carolina, Tennessee, and Virginia.

Introduced last year to the Pete & Gerry’s portfolio, Pete & Gerry’s Pasture-Raised Eggs are laid by...

Publix Reports Fourth Quarter and Annual Results for 2023

Publix’s sales for the three months ended Dec. 30, 2023, a 13-week quarter, were $14.7 billion, a 4% decrease from $15.3 billion in 2022, a 14‑week quarter. Excluding the additional week in the fourth quarter of 2022, sales for the fourth quarter of 2023 would have increased 2.8%. Comparable store sales for the three months ended Dec. 30, 2023 increased 0.4%.

Net earnings for the three months ended Dec. 30, 2023 were $1.2 billion, compared to $1.3 billion in 2022, a decrease of 7.8%...

Abbot's Launches in Publix, Expanding Healthy Options in the Grocery Aisle with Their Protein- and Plant-Rich Products

Abbot's—a wellness company crafting delicious and versatile plant-rich products from real, whole food ingredients—has debuted in over 1,300 Publix locations across eight states. The Florida-born supermarket chain will carry Abbot's plant-rich "Chorizo", Ground "Beef", and Fajita Chick'n in its produce department, providing shoppers across the Southeast with clean and wholesome protein options to enjoy in their favorite recipes.

All of Abbot's premium, protein-rich products are made with 100 percent real food ingredients...

Publix Vice President to Retire; New Vice President Announced

After 45 years of dedicated service, Publix Vice President of Customer Experience Bob Bechtel announced his decision to retire March 31.

“Bob has spent his career focusing on customer service,” said Publix CEO Kevin Murphy. “Through his leadership and efforts, he has helped our associates provide a premier shopping environment that has exceeded our customers’ expectations and helped create raving fans at Publix. We thank Bob for his many years of service to Publix and wish him the best in his retirement.”...

Publix Shuffles Leadership For The New Year

American supermarket chain Publix announced that they have shuffled their leadership ahead of the new year. Effective January 1, 2024, current CEO Todd Jones will transition to an Executive Chairman role. Meanwhile, President Kevin Murphy will be promoted to CEO and Senior Vice President John Goff will be promoted to President.

Jones is a long time employee at Publix, beginning as a front service clerk at the store’s New Smyrna Beach, Florida, location. He ultimately worked his way up to Store Manager in 1988...

Publix Reports Third Quarter 2023 Results and Stock Price

Publix’s sales for the three months ended Sept. 30, 2023 were $14 billion, a 7.2% increase from $13 billion in 2022. Comparable store sales for the three months ended Sept. 30, 2023 increased 4.3%.

Net earnings for the three months ended Sept. 30, 2023 were $833 million, compared to $394 million in 2022, an increase of 111.4%. Earnings per share for the three months ended Sept. 30, 2023 increased to $0.25 per share, up from $0.12 per share in 2022. Excluding the impact of...