Publix reports 4.5 percent increase of its sales in Q4 of 2015

LAKELAND, Fla., 2016-Mar-04 — /EPR Retail News/ — Publix’s sales for the fourth quarter of 2015 were $8.2 billion, a 4.5 percent increase from last year’s $7.9 billion. Comparable-store sales for the fourth quarter of 2015 increased 3.2 percent.

Net earnings for the fourth quarter of 2015 were $521.1 million, compared to $453.3 million in 2014, an increase of 15 percent. Earnings per share for the fourth quarter increased to $0.68 for 2015, up from $0.58 per share in 2014.

Publix’s sales for the fiscal year ended Dec. 26, 2015, were $32.4 billion, a 5.9 percent increase from last year’s $30.6 billion. Comparable-store sales for 2015 increased 4.2 percent.

Net earnings for 2015 were $2 billion, compared to $1.7 billion for 2014, an increase of 13.2 percent. Earnings per share increased to $2.54 for 2015, up from $2.23 per share in 2014.

These amounts are based on audited reports that will be filed today with the U.S. Securities and Exchange Commission and made available on the company’s website at www.publix.com/stock.

Effective March 1, 2016, Publix’s stock price increased from $41.80 per share to $45.20 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.

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

SOURCE: Publix Asset Management Company

Corporate Initiatives and Trade Publications
Maria Brous
Director of Media & Community Relations
P.O. Box 407
Lakeland, FL  33802-0407
(863) 688-1188 ext. 55339
maria.brous@publix.com