Publix Q1 2024 sales $15.1B (+5%), net earnings $1.4B (+10.1%), stock price raised to $16.25

PUBLIX SUPER MARKETS INC

Sales $15.1B, up 5% YoY; comparable store sales +2.8%; Easter holiday contributed ~1%.
Net earnings $1.4B (+10.1%); EPS $0.41 vs $0.37 in Q1 2023.
Excluding net unrealized gains on equity securities, net earnings $1.1B, EPS $0.33 vs $0.32.
Stock price (associate-only) increased from $15.20 to $16.25 effective May 1, 2024.

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

PUBLIX SUPER MARKETS INC reported three months ended March 30, 2024 results: revenue $15.1 billion, net income $1.4 billion, EPS $0.41 per share.

Period: three months ended March 30, 2024
Revenue: $15.1 billion
Net income: $1.4 billion
EPS: $0.41 per share
Result: reported results

Exact text from the filing

Maria Brous (863) 680-5339 Publix Reports First Quarter 2024 Results and Stock Price LAKELAND, Fla., May 1, 2024 Publix’s sales for the three months ended March 30, 2024 were $15.1 billion, a 5% increase from $14.3 billion in 2023. Comparable store sales for the three months ended March 30, 2024 increased 2.8%. The company estimates sales increased 1% due to the

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Source: SEC EDGAR

accession 0000081061-24-000023

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