Publix Q1 Sales Grow but Earnings Stall

Publix Q1 Sales Grow but Earnings Stall

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...
Publix Q1 Sales Grow but Earnings Stall

Publix Finishes Fiscal Year with Strong Q4

A strong fourth quarter helped Publix post solid financial gains in 2022. Net earnings for the three months ended December 31, 2022, were $1.3 billion, or 38 cents per share, versus $1.1 billion, or 31 cents per share, in the year-earlier period, adjusted for the...
H-E-B Named Best Large Retail Employer

H-E-B Named Best Large Retail Employer

Although the Massachusetts Institute of Technology comes in first, the top retailer in the Forbes America’s Best Large Employer study was H-E-B at number five. Among retailers, Trader Joe’s at 16 and Costco Wholesale at 25 come in next. Wegmans at 44 and...
Publix Q1 Sales Grow but Earnings Stall

Pero Retiring from Publix, Singh Promoted

Publix Super Markets Lakeland Division vp Sam Pero is retiring at the end of this year, and the company is promoting Marsha Singh to the position he is leaving. Singh was regional director of the Lakeland Division, a position she achieved in 2018. The company noted...