Supermarket chain, Publix, a privately held, employee-owned corporation, released limited Q2 FY 2023 financial data on August 2^nd for the period ending July1^st 2022.  Sales for Q2 attained $14,100 million, up 9.3 percent from Q2 2022 at $12,900.  Net earnings were $1,097 million compared to $628 million in Q2 of 2022. Earnings per share attained $0.31 compared to $0.26 in Q2 2022. Comparable same store sales were up 6.3 percent compared to the previous 6-month period.

According to the Publix SEC Q-10 submission, total assets on July 1^st were $32,766 million with long-term debt and lease obligations of $3,135 million.

Share price was adjusted downward from $14.95 to $14.75 on August 1^st.

In commenting on results Todd Jones, CEO stated, “As we enter the last half of the year, our associates remain focused on operational excellence and providing premier customer service,” He added “I’m so thankful to serve with them in making shopping at Publix a pleasure.”