As it prepares for its 95th anniversary, Publix posted solid gains in the second quarter.
For the three months ended June 28, Publix net earnings were $1.38 billion versus $972 million in 2024, with earnings per share of 42 cents, up from 29 cents year over year, the company reported. With the impact of net unrealized gains on equity securities in 2025 and 2024 excluded, net earnings for the quarter would have been $1.04 billion compared to $940 million in 2024, while earnings per share would have been 32 cents versus 29 cents.
Publix comparable store sales increased 6% from the year-earlier quarter, the company noted. Overall sales gained 7.3% to $15.6 billion in the period year over year.
Effective August 1, Publix’s stock price advanced from $20.20 per share to $21.15 per share. Publix offers its stock for sale to current Publix associates and members of the company’s board of directors only, and shares are not publicly traded.
“Next month, we will celebrate Publix’s 95th anniversary,” said Publix CEO Kevin Murphy as he announced the financial results. “I’m proud our associates continue to deliver on the vision our founder had when he started this special company.”
