Channels / Grocery

Publix Earnings Climb In 2012

March 6, 2013
/ Print / Reprints /
/ Text Size+

Grocery chain Publix said earnings for 2012 rose from a year ago, finishing up the year with a sluggish fourth quarter.

Same-store sales in 2012 rose 2.2 percent from 2011, the company said in a filing last week with the Securities and Exchange Commission. Same-store sales rose 1.2 percent in the fourth quarter.

“I’m pleased with the improvement in our operating results for 2012, a 52-week year, as compared with 2011, a 53-week year,” Publix CEO Ed Crenshaw said in a news release. “As a result of our associates’ efforts, our stock price reached a new all-time high after considering stock splits.”

Earnings for 2012 rose 4 percent from a year earlier to $1.6 billion, and total sales climbed 1.9 percent to $27.5 billion despite the shorter calendar.

Publix ranked 10thon the PLB Top 35 list for 2012 with an estimated $5.6 billion in private label sales in 2011. The retailer has more than 1,000 stores across five southeastern states. 

Did you enjoy this article? Click here to subscribe to Private Label Buyer.

Recent Articles by Chris Freeman

You must login or register in order to post a comment.



Image Galleries

November 2014 New Non-Food Products

This month's new non-food product are bottles and hair care.


Coming with a clear, comprehensive plan was the key to success for Longo Brothers Fruit Markets when the grocer decided to roll out a two-tier private label strategy, Jenny Longo and Robert Koss tell PLBuyer editor Chris Freeman in this podcast.

More Podcasts

Private Label Buyer Magazine

PLB October 2014 cover

October 2014

The October 2014 issue of Private Label Buyer includes new perspectives on produce, as well as category insights on pasta, rice, and potatoes. Check it out today!

Table Of Contents Subscribe

Private Label Segments

Which segment of private label will see the biggest growth over the next year?
View Results Poll Archive

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.


facebook_40px twitter_40px  youtube_40pxlinkedin_40pxgoogle+ icon 40px

PLB Marketplace