Comp sales at Publix up 4.2% through 2015
LAKELAND, Fla. - Publix on Tuesday posted sales for the fourth quarter of 2015 of $8.2 billion, a 4.5% increase. Comparable-store sales for the fourth quarter of 2015 increased 3.2%.
“I’m pleased to report another year with excellent results,” said CEO Ed Crenshaw. “Our associates deserve the credit for continuing to make us a leader in customer service.”
Publix’ sales for the fiscal year ended Dec. 26, 2015, were $32.4 billion, a 5.9% increase from last year’s $30.6 billion. Comparable-store sales for 2015 increased 4.2%.
Effective March 1, 2016, Publix’ stock price increased from $41.80 per share to $45.20 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.
Currently Publix has 1,110 stores in Florida, Georgia, Alabama, Tennessee, South Carolina and North Carolina.