Supermarket chain, Publix, a privately held, employee-owned corporation, released limited Q3 financial data on November 1st for the period ending September 24th.  Sales attained $13,010 million compared to $11,920 million for the 3rd Quarter of 2021.  Net earnings were $394 million compared to $856 million in Q3 of 2021. Earnings per share attained $0.12 compared to $0.25 in Q3 2021. Comparable same store sales were up 7.6 percent compared to Q3 of 2021.

According to the Publix SEC Q10 submission total assets on November 1st were $30,347 million with long-term debt and lease obligations of $3,014 million.

Share price was adjusted downward from $13.84 to $13.19 on November 1st.

In commenting on results Todd Jones, CEO stated, “Unfortunately the stock market continues to be a challenge, but I could not be more proud of Publix’s response to Hurricane Ian,” Jones added, “Our associates’ efforts to serve our customers, our communities and each other during this difficult time have been amazing”.