Publix Super Markets saw a dip in its net earnings for the second quarter as a result of a “difficult economic environment”.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


Net earnings dipped to US$295.8m for the period compared to $306.4m in 2007, a decrease of 3.5%. Earnings per share were unchanged at $0.36 per share.


Publix’s sales for the second quarter of 2008 were $5.9bn, a 3.5% increase from last year’s $5.7bn. Comparable-store sales for the second quarter of 2008 increased 1.3%.


Sales for the first half of 2008 were $12.1bn, a 4.8% increase from last year’s $11.5bn. Net earnings were up to $638.9m, compared to $624m in 2007, an increase of 2.4%.


Earnings per share increased to $0.77 for the first half of 2008, up from $0.74 per share in 2007.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“I am proud of the way our Publix associates have continued to serve our customers in this difficult economic environment,” Publix CEO Ed Crenshaw said.