Publix profit swells by 26 percent in 2019
March 3, 2020 - Publix Super Markets Inc. reported gains in sales and earnings for the fiscal year that ended Dec. 28, 2019. The Lakeland-based grocery chain reported net earnings for FY 19 of $3 billion on sales of $38.1 billion. Sales were up 5.6 percent from the previous year and net earnings were up 26.2 percent, a news release said. Effective March 1, the company's stock price increased from $47.10 per share to $48.90 per share. Publix stock is not publicly traded and is sold only to Publix associates and members of its board of directors.