The ever expanding Publix had some updates to share regarding its second quarter 2024 results and stock price. For the three months that ended June 29, 2024, sales were $14.5 billion, a 3.1 percent increase from $14.1 billion in 2023.
“Our associates make a difference for our customers and communities every day,” said Kevin Murphy, Chief Executive Officer. “I’m thankful for their efforts and commitment.”
Net earnings for the three months that ended June 29, 2024 were $972 million, compared to $1.1 billion in 2023, a decrease of 11.4 percent. Net earnings for the six months that ended June 29, 2024 and July 1, 2023 were $2.3 billion.
Earnings per share for the six months ended June 29, 2024 increased to $0.71 per share, up from $0.70 per share in 2023.
A press release mentioned that effective August 1, 2024, Publix’s stock price increased from $16.25 per share to $16.46 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.
To read on, check Publix’s website here.
And when you need more supermarket financial updates, keep checking back with Deli Market News.
