by Mike Duff | May 3, 2024 | Retail Articles
Publix sales gained in the first quarter and earnings per share advanced slightly. For the first quarter ended March 30, net earnings were $1.4 billion, or 41 cents per share, versus $1.2 billion, or 37 cents per share, in the year-prior period. With the impact of net...
by Mike Duff | Mar 4, 2024 | Retail Articles
Publix comparable stores gained in the fourth quarter even as earnings slipped. Net earnings for the quarter were $1.2 billion, or 36 cents per share, versus $1.3 billion, or 38 cents per share, in the year-earlier period. With the impact of net unrealized gains on...
by Mike Duff | Feb 19, 2024 | Retail Articles
Publix is promoting David Finger to vice president of customer experience, succeeding Bob Bechtel, who will retire on March 31 after 45 years of service. Finger has been the director of omnichannel, the company noted. He started with Publix in 1993 as a front service...
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...