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LA PLATA, Md. The Wills Group s Philanthropic Response to COVID-19 Reaches $1 Million Source: Wills Group, Inc.
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Publix Super Markets Inc. reported big gains in sales and earnings, as consumers eating at home during the COVID-19 pandemic continued to stock up at its supermarkets.
Lakeland-based Publix reported last week that fourth-quarter sales rose 14.8% to $11.2 billion, with about $850 million in additional sales related to the pandemic impact.
Adjusted earnings rose by 39 cents a share to $1.32.
Sales for all of 2020 rose 17.7% to $38.1 billion, including $4.6 billion attributed to pandemic-related sales. Adjusted earnings rose by $1.60 to $5.27 a share.
At the end of 2020, Publix operated 1,264 supermarkets in seven states, including 816 in Florida.
Publix also said its stock price increased from $57.95 on Nov. 1 to $60.20 as of March 1.