As part of an ongoing geographic expansion, Florida-based Publix opened the company’s first store in Kentucky, its eighth state of operation. The Louisville supermarket covers 55,701 square feet with a drive-thru Publix Pharmacy and an adjacent 3,200-square-foot...
Publix boosted earnings in the third quarter by adding $1 billion to sales versus the prior-year period. Net earnings for the quarter were $833 million versus $394 million in the year-past period, the company noted, as earnings per share increased to 25 cents from 12...
During the second quarter, Publix made solid sales and earnings gains year over year. Net earnings for the three months ended July 1 were $1.1 billion, or 33 cents per share, compared to $628 million, or 18 cents per share, in the year-past period, the company stated....
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...
In the Market Force Information Grocery Ranking 2023, Wegmans was most often cited as a Best in Class food retailer by survey respondents, at 76%, followed by H-E-B, a close second at 73%. Publix got a 61% best-in-class citation rate, followed by Trader Joe’s, at 52%,...
