Publix posts Q2 sales of $7.5 billion, up 6.6%

LAKELAND, Fla. — Publix’ sales for the second quarter of 2014 totaled $7.5 billion, representing a 6.6% increase from last year’s $7 billion. Sales for the second quarter of 2014 were positively impacted 1.3% due to the Easter holiday being in the second quarter of 2014 but in the first quarter of 2013. Comparable-store sales for the second quarter of 2014 increased 6.3%.
 
Publix’ sales for the first half of 2014 were $15.3 billion, a 5.3% increase. Comparable-store sales for the first half of 2014 increased 5.1%.
 
Effective Aug. 1, 2014, Publix’s stock price increased from $32.50 per share to $33.85 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.
 
“This is our eighth consecutive quarter with an increase in our stock price,” stated Publix CEO Ed Crenshaw. “Our associate owners deserve the credit for continuing to make us a leader in our industry.”
 
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