Publix reported gains in overall sales, comparable sales and earnings for its third quarter.
For the third quarter ended September 27, Publix net earnings were were $1.2 billion versus $1.1 billion in the comparable period in 2024, while earnings per share increased to 37 cents from 33 cents. With the impact of net unrealized gains on equity securities in 2025 and 2024 excluded, net earnings for the period would have been $980 million versus $930 million in the 2024 quarter, with earnings per share increasing to 30 cents from 28 cents, the company reported.
Publix sales were $15.4 billion in the quarter versus $14.6 billion in the year-earlier period as comparable sales advanced 3.4%, the supermarket operator noted.
Effective November 1, Publix’s stock price decreased from $21.15 to $20.40 per share. Publix stock is not publicly traded and sold only to current company employees and members of its board of directors. Publix is the largest employee-owned company in the United States, it pointed out, operating 1,426 stores in Florida, Georgia, Alabama, Tennessee, South Carolina, North Carolina, Virginia and Kentucky.
