LAKELAND, FL - When retailers pull back the curtain on their quarterly financial performance, you can bet ANUK will be there to dive into the most recent achievements and company metrics. Publix was among the latest fiscal results to be reported, revealing a $1 billion gain for the three months ended September 30. As the retailer noted, its sales for the three-month period reached $14 billion, a 7.2 percent increase from $13 billion in 2022.
“Our associates make a difference in the lives of our customers and communities every day,” said Publix Chief Executive Officer Todd Jones alongside the release of these results. “I’m proud of their efforts and commitment.”
Also revealed in the report, Publix’s net earnings for the three months ended September 30, 2023, were $833 million, compared to $394 million in 2022; this represents an increase of 111.4 percent.
For the full nine months ending September 30, 2023, the company reached net earnings of $3.2 billion. In 2022, the grocer reported $1.6 billion in net earnings, showing a 93.4 percent increase for this year.
Publix also reported the following financial highlights:
- Sales for the nine-month period were $42.4 billion, an 8.1 percent increase from $39.2 billion in 2022
- Comparable store sales for the nine months increased 5.6 percent
- Earnings per share for the three months ended September 30, 2023, increased to $0.25 per share, up from $0.12 per share in 2022
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