Publix Super Market At Lake Juliana Photos (2024)

FAQs

How much is Publix Super Markets worth? ›

Publix earned more on its $57 billion in sales last year than Kroger did with $150 billion in revenues. Sadly for investors, Publix isn't publicly traded. Its shares are owned by employees, directors and the founding Jenkins family. The company's market value is $50 billion, more than Kroger at $40 billion.

LAKELAND, Fla., Feb. 2, 2022 — Publix has been named on Fortune's annual list of the World's Most Admired Companies, ranking No. 1 in the food and drugstores industry for the third year in a row and No. 42 on the overall list.

We were founded in 1930 in Winter Haven, Florida, by George W. Jenkins. We are the largest employee-owned company in the United States. We are one of the 10 largest-volume supermarket chains in the country.

On Sept. 6, 1930, George Jenkins opened his first store, called Publix Food Store, in Winter Haven. In 1935, he opened a second location across town. He closed these first two stores to open his dream store, the first Publix Super Market, on Nov.

Employee Stock Purchase Plan

Associates become eligible to purchase Publix stock after one full year of continuous employment. With these three plans, it's not uncommon to hear about people who've retired from Publix as millionaires.

The Jenkins family, who built and partly own Publix Super Markets, is ranked as the 39th richest family in America on both of Forbes' most recent lists. The Jenkins family is worth around $11.2 billion, according to Forbes.

Founded in 1930 by George W. Jenkins, Publix is a private corporation that is wholly owned by present and past employees and members of the Jenkins family.

Publix's top competitors include Walmart, Carrefour, and CJ Express. Walmart (NYSE: WMT) is a multinational retail corporation. It operates as a chain of hypermarkets, discount department stores, and grocery stores.

The popcorn, soda and candy aisles at Publix go right back to the supermarket's roots. That's because the Florida supermarket's roots stretch back to a movie theater company called Publix Theatres Corporation. Grocer George Jenkins liked the name of the once-popular chain so much, he took it.

Publix is well known for their super fresh produce, high-value store-brand products, and their big BOGO (buy-one, get-one) deals. The employee-owned grocery chain's tagline is “Where Shopping is a Pleasure” because it is quite literally enjoyable to step into any of their brightly lit and well-organized stores.

Where is the oldest Publix? ›

On Sept. 6, 1930, George Jenkins opened the first Publix location, known then as Publix Food Store, in Winter Haven, Florida. Today, that brick-and-mortar building is still standing, occupied by a restaurant called Tempo 1930. By 1935, Jenkins opened his second location on the opposite side of Winter Haven.

George opened was in downtown Winter Haven, Florida. The idea for the name came from a chain of theaters Mr. George was fond of. He liked the name, so he decided to open his own store with the corporate name Publix Food Stores, Inc.

Net earnings for the fiscal year ended Dec. 30, 2023 were $4.3 billion, compared to $2.9 billion in 2022, an increase of 49%. Earnings per share for the fiscal year ended Dec. 30, 2023 increased to $1.31 per share, up from $0.86 per share in 2022.

Founded in 1930 by George W. Jenkins, Publix is a private corporation that is wholly owned by present and past employees and members of the Jenkins family.

But for those who haven't, Publix is a supermarket chain that's taken the region by storm. With over 1,200 locations and nearly $50 billion in annual sales, they're a force to be reckoned with.

To this day, Publix is a privately owned company. Our common stock is not publicly traded on a stock exchange, so it does not have a "ticker" symbol. Only eligible active associates and members of our board of directors can purchase Publix stock during designated offering periods.