Publix Q1 Sales Grow but Earnings Stall

Publix Q1 Sales Grow but Earnings Stall

Net and comp sales at Publix gained in the first quarter but earnings came in essentially flat. For the three months ended April  1, Publix’s sales were $14.3 billion, an 8.2% increase from the quarter in 2022. Comparable store sales for the quarter grew 6.4% year...
Publix Q1 Sales Grow but Earnings Stall

Publix Finishes Fiscal Year with Strong Q4

A strong fourth quarter helped Publix post solid financial gains in 2022. Net earnings for the three months ended December 31, 2022, were $1.3 billion, or 38 cents per share, versus $1.1 billion, or 31 cents per share, in the year-earlier period, adjusted for the...