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Publix reports steady Q3 growth with earnings up 7.8%

The grocer continues to post solid results amid steady consumer demand and a strong store performance across its markets.

LAKELAND, Fla. — Publix Super Markets reported steady growth in the third quarter of 2025, with sales rising 5.2% year over year to $15.4 billion, compared with $14.6 billion in the same period of 2024. Comparable store sales increased 3.4%, with the company noting that Hurricane Helene’s impact in 2024 reduced the year-over-year comparison by roughly 0.5 percentage points.

Excluding the hurricane effect, Publix said sales would have increased 5.7% for the quarter.

Net earnings for the three months ended September 27, 2025, totaled $1.2 billion, up 7.8% from $1.1 billion a year earlier. Earnings per share increased to $0.37 from $0.33. On an adjusted basis excluding unrealized gains on equity securities, net earnings rose 5.4% to $980 million, or $0.30 per share.

For the nine-month period, sales reached $46.8 billion, a 5.8% increase from $44.2 billion in the same period last year, with comparable store sales rising 4.4%. Net earnings climbed 3.9% to $3.6 billion, or $1.10 per share. Excluding fair value adjustments, nine-month earnings increased 8.6% to $3.2 billion, or $0.98 per share.

Publix also reported that effective November 1, its internal stock price decreased from $21.15 per share to $20.40 per share. The privately held stock is available only to Publix associates and board members.

“I’m proud of our associates’ efforts, especially as we enter the holiday season,” said Publix CEO Kevin Murphy. “We remain focused on operational excellence and providing premier customer service.”

The company’s unaudited financial statements were filed with the U.S. Securities and Exchange Commission and made available at corporate.publix.com/stock.

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