Publix sales, profits post double digit gains in Q3
November 3, 2020 - Publix Super Markets reported net earnings of $917.6 million for the three months ended Sept. 26, a 59.9 percent increase over the same period a year ago. Sales for the just-ended third quarter were $11.1 billion, an 18.3 percent increase from the third quarter of 2019. Publix attributed about $1.25 billion of its Q3 sales to the impact of the coronavirus. Effective Nov. 1, Publix’s stock price increased from $54.35 a share to $57.95 a 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. Publix, based in Lakeland, is one of the largest employers in St. Petersburg, with 2,000 workers as of 2019.