LAKELAND, FL - Publix reported its second quarter 2024 results yesterday morning, noting that its sales for the three months ended June 29, 2024 were $14.5 billion, a 3.1 percent increase from $14.1 billion in 2023.

A press release from the company did note that the estimate sales were negatively impacted by 1.1 percent due to the effect of the Easter holiday being in the first quarter of 2024. In 2023, the effect of the Easter holiday was in the second quarter.

“Our associates make a difference for our customers and communities every day,” said Chief Executive Officer Kevin Murphy. “I’m thankful for their efforts and commitment.”

Here are a few more highlights from the release:

• Net earnings for the three months ended June 29, 2024, were $972 million, compared to $1.1 billion in 2023, a decrease of 11.4 percent
• Earnings per share for the three months ended June 29, 2024, decreased to $0.29 per share, down from $0.33 per share in 2023
• Excluding the impact of net unrealized gains on equity securities in 2024 and 2023, net earnings for the three months ended June 29, 2024, would have been $940 million, compared to $1 billion in 2023, a decrease of 9.8 percent

For more of the financial report, click here.

AndNowUKnow will continue to cover retail news as it comes in, so stay tuned.