Publix’s sales for the second quarter of 2015 were $8 billion, a 6 percent increase from last year’s $7.5 billion. Comparable-store sales for the second quarter of 2015 increased 4.1 percent.
Net earnings for the second quarter of 2015 were $482.7 million, compared to $404.1 million in 2014, an increase of 19.5 percent. Earnings per share for the second quarter increased to $0.62 for 2015, up from $0.52 per share in 2014.
The Lakeland, Florida-based grocer’s sales for the first half of 2015 were $16.3 billion, a 6.4 percent increase from last year’s $15.3 billion. Comparable-store sales for the first half of 2015 increased 4.7 percent.
Net earnings for the first half of 2015 were $1 billion, compared to $897.8 million in 2014, an increase of 14.9 percent. Earnings per share increased to $1.33 for the first half of 2015, up from $1.15 per share in 2014.
Effective Aug. 1, Publix’s stock price decreased from $42.10 per share to $42.00 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 very pleased that our Publix associates delivered excellent results,” said Publix CEO Ed Crenshaw. “Unfortunately, these results were not enough to offset challenges in the stock market.”
