Publix's Q4, Full Year Deliver 'Excellent Results': CEO Crenshaw

On the heels of "another year with excellent results,” so said CEO Ed Crenshaw, Lakeland, Fla.-based Publix delivered $8.2 billion in fourth-quarter sales in 2015, a 4.5 increase from last year's $7.9 billion, with comps up 3.2 percent.

Net earnings for Q4 were $521.1 million, compared to $453.3 million in 2014, an increase of 15 percent, while earnings per share increased to $0.68 for 2015, up from $0.58 per share in 2014.

For the full year ended Dec. 26, Publix saw a 5.9 increase in sales to $32.4 billion, from last year's $30.6 billion, buoyed by a 4.2 percent rise in comps.

Net earnings for the year were $2 billion, compared to $1.7 billion for 2014, an increase of 13.2 percent. Earnings per share increased to $2.54 for 2015, up from $2.23 per share in 2014.

Additionally, Publix’s stock price increased from $41.80 per share to $45.20 per share, effective March 1.

Publix operates 1,110 stores in Florida, Georgia, Alabama, Tennessee, South Carolina and North Carolina.