LAKELAND, FL - Publix has continued to see measurable success this year, including in the wake of some seasonal storms. The company estimates sales for the three months ended September 28, 2024, increased 0.6 percent due to the impact of Hurricane Helene. A release shared sales for the three-month and nine-month periods, showing Publix’s sales for the three months ended September 28, 2024, were $14.6 billion, a 4.9 percent increase from $14 billion in 2023.
“During the last several weeks, many of our associates and customers have faced difficult times with Hurricanes Helene and Milton,” said Kevin Murphy, Chief Executive Officer. “I’m so proud of our associates for the comfort they bring to our customers and their fellow associates.”
Comparable store sales for the three months ended September 28, 2024, increased 3.4 percent. Publix’s sales for the nine months were $44.2 billion, a 4.3 percent increase from $42.4 billion in 2023. Comparable store sales increased 2.5 percent.
Effective November 1, 2024, Publix’s stock price increased from $16.46 per share to $18.05 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.
Here are some additional highlights from the report:
- Net earnings for the three months ended September 28, 2024, were $1.1 billion, compared to $833 million in 2023, an increase of 31.7 percent
- Earnings per share for the three months ended September 28, 2024, increased to $0.33 per share, up from $0.25 per share in 2023
- Net earnings for the nine months ended September 28, 2024, were $3.4 billion, compared to $3.2 billion in 2023, an increase of 8.3 percent
- Earnings per share for the nine months ended September 28, 2024, increased to $1.04 per share, up from $0.95 per share in 2023
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