Q1 2025: Publix sales up 5.1%, comps +4%; net earnings down on unrealized market losses; expansion continues with 6 new stores, 48 in pipeline.

Table of Content

Q1 2025 Performance Strategic Initiatives Key Highlights Future Outlook

Publix delivered a robust first‑quarter sales performance, but results were mixed: net sales grew 5.1 % YoY, while comparable store momentum eased by roughly one percentage point. GAAP net earnings declined from the prior year, pressured by unrealized equity‑market losses and the Easter holiday shift into Q2 2025 vs Q1 2024.

 

Q1 2025 Performance 

Net sales

$15.8 billion, up 5.1 % YoY

Comparable store sales

Grew by 4%

New Stores

Publix opened six new stores in Q1 (including a flagship in Chesapeake, VA) and now operates 1,300 + supermarkets across eight U.S. states.

Earnings for the Period

$1 Billion

CEO's Perspective

I'm proud of our associates for continuing to make us a leader in our industry by providing premier service to our customers,” said Publix CEO Kevin Murphy.

 

Strategic Initiative 

Store Network

Publix opened six supermarkets in Q1, 2025, three in Florida, two in Virginia, and one in South Carolina, and kept the momentum going post‑quarter with a 54,964‑sq‑ft large‑format store that debuted on May 8, 2025, at Palm Beach Gardens’ Promenade Plaza, marking the second new Publix in Palm Beach County within a week.

 

Key Highlights

Publix continues its experience‑focused rollout: a large‑format store under construction at Avenir Town Center in Palm Beach Gardens is among 48 projects currently underway, the majority located in Florida. Each build follows the 55–65 k sq ft prototype as highlighted in our earlier article “Publix Q4 2024: Strong Sales Growth, Store Expansions, and Strategic Investments”  featuring expanded foodservice, indoor/outdoor seating, and other experiential elements designed to deepen shopper engagement. On the digital front, the Lakeland Technology Hub is progressing rapidly strengthening Publix’s omnichannel capabilities.

 

Future Outlook

Management remains committed to balanced growth, cost discipline, and enhancing the employee‑ownership model.