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Publix Sees Solid Growth in Q4 and FY 2024 Results
In its latest financial results, Publix has seen robust growth in quarterly and fiscal earnings.
For the fourth quarter of 2024, the company reported sales of $15.5 billion, reflecting a 5.5% increase compared to the same period in 2023.
Net earnings for the quarter totaled $1.1 billion.
For the full year, Publix achieved sales of $59.7 billion, a 4.6% increase over fiscal 2023.
Comparable store sales rose by 2.9% year-over-year.
Net earnings for the year amounted to...
Publix Names Vice President of Finance
Today, Publix Super Markets CEO Kevin Murphy announced the promotion of Doug Stalbaum to vice president of finance, effective Jan. 1, 2025.
Stalbaum, 45, joined the company in 2019 as director of business analysis and reporting, and was promoted to his current role, vice president and controller, in 2022. Prior to joining Publix, he was a senior audit manager at an accounting firm for eight years, senior director and controller at a restaurant chain for six years and director of finance at a furniture retailer for three years. He currently...
Publix Reports Third Quarter 2024 Results and Stock Price
Publix’s sales for the three months ended Sept. 28, 2024 were $14.6 billion, a 4.9% increase from $14 billion in 2023. Comparable store sales for the three months ended Sept. 28, 2024 increased 3.4%. The company estimates sales for the three months ended Sept. 28, 2024 increased 0.6% due to the impact of Hurricane Helene.
Net earnings for the three months ended Sept. 28, 2024 were $1.1 billion, compared to $833 million in 2023, an increase of 31.7%. Earnings per share...
Publix Senior Vice President Announces Retirement Plan
Today, Publix Super Markets CEO Kevin Murphy announced the retirement plan of Senior Vice President of Product Business Development Dave Bornmann after 41 years of dedicated service and the promotion of two officers effective Jan. 1, 2025.
“We are grateful for Dave’s more than four decades of dedicated service to Publix, our associates and the communities we serve,” said Murphy. “He’s been a strong leader keenly focused on growing and supporting our supplier relationships, store merchandising and replenishment, as well as emerging business and health and wellness initiatives...
Two Publix Vice Presidents Plan Retirement
Today, Publix Super Markets CEO Kevin Murphy announced the retirement of two officers and the promotion of two new officers, effective Jan. 1, 2025.
After 46 years of dedicated service, Vice President of Industrial Maintenance and Industrial Operations Purchasing Randy Barber has announced his decision to retire at the end of this year.
Additionally, after more than a decade of dedicated service, Vice President of Facilities Bob McGarrity has also announced his decision to retire at the end of 2024.
“Randy’s dedication to overseeing our non-retail locations...
Publix Reports Second Quarter 2024 Results and Stock Price
Publix’s sales for the three months ended June 29, 2024 were $14.5 billion, a 3.1% increase from $14.1 billion in 2023. The company estimates sales were negatively impacted by 1.1% due to the effect of the Easter holiday being in the first quarter in 2024. In 2023, the effect of the Easter holiday was in the second quarter. Comparable store sales for the three months ended June 29, 2024 increased 1.1%.
Net earnings for the three months ended June 29, 2024 were $972...
Hooters Launches Line of Frozen Appetizers and Snacks Featuring Iconic Boneless and Bone-In Chicken
For fans seeking Hooters at all hours of the day and night, the crave is over. For the first time ever, Hooters has introduced a line of frozen appetizers and snacks, allowing consumers to bring the iconic taste of Hooters home. Available at Publix Super Markets nationwide, these four new frozen products give fans the opportunity to have Hooters’ world-famous food at their fingertips.
Hooters has licensed an impressive selection of wing and boneless chicken styles to suit every taste, complete with Hooters’...
Pete & Gerry’s Broadens Distribution Partnership with Publix to Include Pasture-Raised Eggs
Pete & Gerry's, LLC, a pioneer in humane egg farming, today announced that Pete & Gerry's Pasture-Raised™ Eggs will now be available in all 1,400+ Publix Super Markets throughout the Southeast. Joining Pete & Gerry's Organic® and Nellie’s Free Range eggs in the egg aisle, the Pete & Gerry's Pasture-Raised is now on shelves in all Publix stores throughout Alabama, Florida, Georgia, Kentucky, North Carolina, South Carolina, Tennessee, and Virginia.
Introduced last year to the Pete & Gerry’s portfolio, Pete & Gerry’s Pasture-Raised Eggs are laid by...
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