By Karyn - April 1, 2018

Publix announces 2017 year-end results

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Sales

2017*
$34.6 billion
2016*
$34 billion
% change
+1.6

 

Comparable-store sales

2017*
+1.7%
2016*
+1.9%
% change

 

Net earnings

2017*
$2.3 billion**
2016*
$2 billion
% change
+13.1

 

Earnings per share

2017*
$3.04**
2016*
$2.63
% change
+15.6
*Fiscal year 2017 includes 52 weeks versus 53 weeks in 2016.
**Net earnings and earnings per share were impacted by the passage of the Tax Cuts and Jobs Act of 2017 (Tax Act). Excluding the impact of the Tax Act, net earnings would have been $2.1 billion, an increase of 2.1 percent, and earnings per share would have been $2.74, an increase of 4.2 percent.

“I’m delighted we had a significant increase in our stock price,” said CEO & President Todd Jones. “I’m proud of our associate owners for their dedicated service to our customers and communities.”

Publix stock price

March 1, 2018…………….$41.40

Nov. 1, 2017………………$36.85

Aug. 1, 2017………………$36.05

May 1, 2017……………….$39.15

March 1, 2017…………….$40.90


View the Publix stock chart and stock history and more on corporate.publix.com/stock.