Exhibit 99.1
                                                           Contact:  Maria Brous
                                                                  (863) 680-5339

            Publix Announces 4th Quarter and Annual Results for 2007

LAKELAND, Fla., March 3, 2008 - Publix's sales for the fourth quarter of 2007
were $5.9 billion, a 6.1 percent increase from last year's $5.6 billion.
Comparable-store sales for the fourth quarter of 2007 increased 3.6 percent.
         Net earnings for the fourth quarter of 2007 were $311 million, compared
to $291.9 million in 2006, an increase of 6.5 percent. Earnings per share
increased to $0.37 for 2007, up from $0.35 per share in 2006.
         Publix's sales for the fiscal year ended Dec. 29, 2007, were $23
billion, a 6.3 percent increase from last year's $21.7 billion. Comparable-store
sales for 2007 increased 4.3 percent. Net earnings for 2007 were $1.2 billion,
compared to $1.1 billion for 2006, an increase of 7.9 percent. Earnings per
share increased to $1.41 for 2007, up from $1.29 per share in 2006.
         These amounts are based on audited reports that were filed Feb. 29,
2008, with the U.S. Securities and Exchange Commission (SEC). The company's
annual report to the SEC, Form 10-K, is available on its Web site at
www.publix.com/stock.
         Based on the most recent appraisal, Publix's stock price decreased
$0.10 from $20.80 per share to $20.70 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.
         "Our operating performance continues to be solid under difficult
economic conditions," Publix CEO Charlie Jenkins Jr. said.
         Publix is privately owned and operated by its 146,000 employees.
Currently Publix has 928 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 11 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. ###