Exhibit 99.1



                                                          Contact:  Maria Brous
                                                                 (863) 680-5339


            Publix Announces 4th Quarter and Annual Results for 2005


     LAKELAND,  Fla.,  March 1, 2006 -- Publix's sales for the fourth quarter of
2005, a 14 week period, were approximately $5.7 billion, a 20.1 percent increase
from last year's $4.8  billion,  a 13 week period.  The  additional  week in the
fourth  quarter  of  2005  increased   sales  by   approximately   8.1  percent.
Comparable-store  sales for the fourth  quarter of 2005  increased  9.1 percent,
which  includes  an  estimated  increase  in  sales  due to  Hurricane  Wilma of
approximately 1.5 percent.
     Net  earnings  for the  fourth  quarter of 2005 were  approximately  $294.9
million,  compared  to $232.9  million in 2004,  an  increase  of 26.6  percent.
Earnings per share  increased to $1.74 for the fourth  quarter of 2005,  up from
$1.34 per share in 2004. Net earnings and earnings per share  benefited from the
extra week in the fourth quarter of 2005.
     Publix's  sales for the fiscal year ended Dec.  31,  2005,  a 53 week year,
were  approximately  $20.6  billion,  an 11.0 percent  increase from last year's
$18.6 billion,  a 52 week year. The additional  week in 2005 increased  sales by
approximately  2.1  percent.  Comparable-store  sales  for  2005  increased  5.4
percent.
     Net earnings for 2005 were approximately $989.2 million, compared to $819.4
million for 2004, an increase of 20.7 percent.  Earnings per share  increased to
$5.75 for 2005,  up from $4.64 per share in 2004.  Net earnings and earnings per
share benefited from the extra week in 2005.
     These  amounts are based on audited  reports  that will be filed later this
month with the U.S.  Securities  and Exchange  Commission  (SEC).  The company's
annual  report  to the SEC,  Form  10-K,  will be  available  on its Web site at
www.publix.com/stock March 17, 2006.
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     Based on the most recent  appraisal,  Publix's stock price  increased $3.25
from $77.25 per share to $80.50 per share.  Publix stock is not publicly  traded
and is made available for sale only to current Publix  associates and members of
its board of directors.
     "I'm very  pleased that our  excellent  operating  performance  resulted in
another  increase  in our  stock  price.  I want to  thank  our  associates  for
continuing to deliver premier  customer service which resulted in an increase in
our stock price of over 25 percent in the last year," Publix CEO Charlie Jenkins
Jr. said.
     Publix is owned and operated by its 135,000 employees and has 876 stores in
Florida,  Georgia, South Carolina,  Alabama and Tennessee.  The company has been
named one of  Fortune's  "100 Best  Companies  to Work For in America"  for nine
consecutive  years.  In addition,  Publix's  dedication to superior  quality and
customer service is recognized as tops in the grocery business, most recently by
an American Customer Satisfaction Index survey. For more information,  visit the
company's Web site, www.publix.com. ###
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