Publix’s sales for the three months ended Dec. 28, 2024 were $15.5 billion, a 5.5% increase from $14.7 billion in 2023. Comparable store sales for the three months ended Dec. 28, 2024 increased 4.1%. The company estimates sales for the three months ended Dec. 28, 2024 increased 1.4% due to the impact of Hurricane Milton.
Net earnings for the three months ended Dec. 28, 2024 and Dec. 30, 2023 were $1.2 billion. Earnings per share for the three months ended Dec. 28, 2024 increased to $0.37 per share, up from $0.36 per share in 2023. Excluding the impact of net unrealized gains on equity securities in 2024 and 2023, net earnings for the three months ended Dec. 28, 2024 and Dec. 30, 2023 would have been $1.1 billion. Earnings per share for the three months ended Dec. 28, 2024 would have been $0.34 per share, compared to $0.32 per share in 2023.
Publix’s sales for the fiscal year ended Dec. 28, 2024 were $59.7 billion, a 4.6% increase from $57.1 billion in 2023. Comparable store sales for the fiscal year ended Dec. 28, 2024 increased 2.9%.
Net earnings for the fiscal year ended Dec. 28, 2024 were $4.6 billion, compared to $4.3 billion in 2023, an increase of 6.6%. Earnings per share for the fiscal year ended Dec. 28, 2024 increased to $1.41 per share, up from $1.31 per share in 2023. Excluding the impact of net unrealized gains on equity securities in 2024 and 2023, net earnings for the fiscal year ended Dec. 28, 2024 would have been $4 billion, compared to $4.1 billion in 2023, a decrease of 1%. Earnings per share for the fiscal years ended Dec. 28, 2024 and Dec. 30, 2023 would have been $1.23 per share.
These amounts are based on audited financial statements that will be filed today with the U.S. Securities and Exchange Commission and made available on the company’s website at corporate.publix.com/stock.
Effective March 1, 2025, Publix’s stock price increased from $18.05 per share to $19.20 per share. Publix stock is not publicly traded and is made available for sale only to current Publix associates and members of its board of directors.
“Publix’s success is due to our associates,” said Publix CEO Kevin Murphy. “I’m so thankful to serve with them in making shopping at Publix a pleasure.”
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