by Mike Duff | Jan 11, 2024 | Retail Articles
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...
by Mike Duff | Nov 6, 2023 | Retail Articles
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...
by Mike Duff | Aug 2, 2023 | Retail Articles
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....
by Mike Duff | May 3, 2023 | Retail Articles
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...
by Mike Duff | Apr 12, 2023 | Retail Articles
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%,...
