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Chick-News.com Poultry Industry News, Comments and more by Simon M. Shane

Publix Reports on Q1

05/10/2021

Publix, a family owned and controlled company, publishes limited data relating to financial performance.  For the three months ending March 27th, revenue amounted to $11.7 billion, a 3.9 percent increase from the corresponding quarter of 2020.  Net earnings for the three months amounted to $1.5 billion compared to $667 million in Q1 of 2020. 

 

Publix calculates a hypothetical stock price established on May 1st at $61.30.  Publix stock is not publicly traded and is available to current associates and members of the Board of the Directors. 

 

In brief comments on performance during the quarter, CEO, Todd Jones thanked associates for their efforts since the onset of COVID and he committed the company to continuing to provide service to customers.


 
Copyright © 2024 Simon M. Shane