Fratelli Beretta - Over 200 Years of Bringing Families Together - For Passion - For Quality
Rougette Bonfire Feta-Style Traybake
Publix Reveals Q4 2015 Results

Publix Reveals Q4 2015 Results


LAKELAND, FL
Tuesday, March 1st, 2016

Publix has announced the financial results for its fourth quarter of 2015, with sales closing out at $8.2 billion.

Ed Crenshaw, CEO, Publix“I’m pleased to report another year with excellent results,” Ed Crenshaw, CEO of Publix, said, according to the financial report. “Our associates deserve the credit for continuing to make us a leader in customer service.”

Highlights for the retailer’s quarter included:

  • Sales for the Q4 2015 at $8.2 billion, a 4.5 percent increase from $7.9 billion at the same time last year.
  • Net earnings for the Q4 2015 at $521.1 million, a 15 percent increase compared to $453.3 million in 2014.
  • Earnings per share Q4 2015 increased to $0.68, up from $0.58 per share in 2014.

Publix also saw a 3.2 percent increase in its comparable-store sales for the fourth quarter of 2015, while net earnings for the whole of 2015, ending Dec. 26, 2015, were $2.0 billion, a 13.2 percent increase compared to $1.7 billion for 2014.

Publix

According to the report, Publix’s stock price increased from $41.80 per share to $45.20 per share (which is not publically traded) as of yesterday, March 1st.

Privately owned and operated by its 179,000 employees, Publix currently has 1,110 stores in several states, including:

  • Florida
  • Georgia
  • Alabama
  • Tennessee
  • South Carolina
  • North Carolina

Keep checking in with DeliMarket News as we continue to note all retail news, financial and beyond.

Publix Super Markets