October 27, 2016 3:04 PM ET

Food and Staples Retailing

Company Overview of Publix Super Markets, Inc.

Company Overview

Publix Super Markets, Inc., together with its subsidiaries, operates retail food supermarkets. It provides various grocery products, including dairy, produce, deli, bakery, meat, and seafood; and health and beauty care, general merchandise, pharmacy, floral, and other products and services. As of April 19, 2016, the company operated 1,112 stores in Florida, Georgia, Alabama, Tennessee, South Carolina, and North Carolina. Publix Super Markets, Inc. was founded in 1921 and is based in Lakeland, Florida.

3300 Publix Corporate Parkway

Lakeland, FL 33811

United States

Founded in 1921

180,000 Employees



Key Executives for Publix Super Markets, Inc.

Chief Executive Officer, President and Director
Age: 54
Chief Financial Officer, Principal Financial & Accounting Officer, Executive Vice President, Treasurer, Director and Member of Committee of Trustees of The Employee Stock Ownership Plan
Age: 56
Chief Information Officer and Senior Vice President
Age: 52
Senior Vice President, General Counsel and Secretary
Age: 57
Senior Vice President
Age: 58
Compensation as of Fiscal Year 2016.

Publix Super Markets, Inc. Key Developments

Publix Super Markets, Inc. Announces Quarterly Dividend Payable on Nov. 1, 2016

Publix Super Markets Inc. announced its board of directors declared a quarterly dividend of 22.25 cents per share on its common stock. The dividend will be payable Nov. 1, 2016, either through direct deposit or mailed as a check to stockholders of record as of the close of business Oct. 14, 2016.

Publix Announces Management Changes

After 42 years of dedicated service, Vice President of Facilities at Publix, Dave Duncan, 63, has announced his decision to retire effective Dec. 31, 2016. With Duncan’s retirement, Director of Construction Bob McGarrity will be promoted to Vice President of Facilities and Vice President of Real Estate Jeff Chamberlain will be promoted to Senior Vice President, overseeing real estate and facilities, effective Jan. 1, 2017. McGarrity, 55, has more than 30 years of experience leading teams in the areas of commercial construction, real estate development and facilities management. Chamberlain, 60, started his Publix career in 1972 as a part-time front service clerk in Satellite Beach, Florida.

Publix Super Markets, Inc. Reports Unaudited Earnings Results for the Second Quarter and First Half of 2016

Publix Super Markets, Inc. reported unaudited earnings results for the second quarter and first half of 2016. For the quarter, sales were $8.1 billion, a 2.1% increase from last year’s $8 billion. The company estimates that sales were negatively impacted by 1.2% due to the effect of the Easter holiday being in the first quarter in 2016. In 2015, the effect of the Easter holiday was in the second quarter. Net earnings were $478.2 million, compared to $482.7 million in 2015, a decrease of 0.9%. Earnings per share were unchanged at $0.62 per share. For the first half, sales were $16.8 billion, a 3.3% increase from last year’s $16.3 billion. Net earnings were $1.1 billion, compared to $1 billion in 2015, an increase of 2.8%. Earnings per share increased to $1.37 for the first half of 2016, up from $1.33 per share in 2015.

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