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Publix profits in Q1
Lakeland, Fla. – Publix Super Markets Inc. satisfied the public in the first quarter of fiscal 2015. The retailer’s net income jumped 11% to $548.9 million from $493.7 million in the same period a year earlier.
Sales were $8.3 billion, a 7% increase from $7.8 billion. Same-store sales increased 5.3%.
Publix stock is not publicly traded and is made available for sale only to current Publix associates and members of its board of directors.
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Sales and earnings on the rise at Publix
Publix continues to demonstrate that its customers indeed find that shopping there is a pleasure, judging by the grocery chain's first quarter results.
Publix’s sales for the first quarter of 2015 were $8.3 billion, a 6.8% increase from last year’s $7.8 billion. Same store sales increased 5.3%. Net earnings for the first quarter of 2015 were $548.9 million, compared to $493.7 million in 2014, an increase of 11.2%. Earnings per share for the first quarter increased to $0.71 for 2015, up from $0.63 per share in 2014. T

