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