0000081061-17-000005.txt : 20170301 0000081061-17-000005.hdr.sgml : 20170301 20170301123051 ACCESSION NUMBER: 0000081061-17-000005 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20170301 ITEM INFORMATION: Completion of Acquisition or Disposition of Assets ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20170301 DATE AS OF CHANGE: 20170301 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PUBLIX SUPER MARKETS INC CENTRAL INDEX KEY: 0000081061 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-GROCERY STORES [5411] IRS NUMBER: 590324412 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-00981 FILM NUMBER: 17652713 BUSINESS ADDRESS: STREET 1: 3300 PUBLIX CORPORATE PARKWAY CITY: LAKELAND STATE: FL ZIP: 33811 BUSINESS PHONE: 863-688-1188 MAIL ADDRESS: STREET 1: 3300 PUBLIX CORPORATE PARKWAY CITY: LAKELAND STATE: FL ZIP: 33811 8-K 1 a8-k4q2016earningsmarch120.htm 8-K Document

 
 
 


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
____________________________________________
FORM 8-K
____________________________________________
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) March 1, 2017
____________________________________________
PUBLIX SUPER MARKETS, INC.
(Exact name of Registrant as specified in its charter)
____________________________________________
Florida
 
0-00981
 
59-0324412
(State of incorporation)
 
(Commission File Number)
 
(I.R.S. Employer Identification No.)
 
 
 
 
 
3300 Publix Corporate Parkway
 
 
 
 
Lakeland, Florida
 
 
 
33811
(Address of principal executive offices)
 
 
 
(Zip Code)
 
 
 
 
 
 
 
(863) 688-1188
 
 
 
 
(Registrant’s telephone number, including area code)
 
 
____________________________________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 






Item 2.02.      Results of Operations and Financial Condition

On March 1, 2017, Publix Super Markets, Inc. issued a press release to report its fourth quarter and annual results for 2016 and stock price effective March 1, 2017. A copy of the press release is attached hereto as Exhibit 99.1.

The foregoing information, including Exhibit 99.1, is being furnished under Item 2.02 and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 and is not incorporated by reference into any filing of the Company, whether made before or after the date hereof, regardless of any general incorporation language in such filing.

Item 9.01.     Financial Statements and Exhibits

(d).     Exhibits

99.1.     Press Release dated March 1, 2017



Page 2 of 4 pages



SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
    
 
 
PUBLIX SUPER MARKETS, INC.
 
 
 
 
 
 
Dated: March 1, 2017
By:
/s/ David P. Phillips
 
 
David P. Phillips, Executive Vice President and Chief Financial Officer
 
 
(Principal Financial and Accounting Officer)
 
 
 
 
 
 
 
 
 
 
 
 


        
































Page 3 of 4 pages




Exhibit Index


Exhibit 99.1. Press Release dated March 1, 2017






















































Page 4 of 4 pages

EX-99.1 2 exhibit9914q2016earningsre.htm EXHIBIT 99.1 Exhibit


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

Publix Announces 4th Quarter and Annual Results for 2016

LAKELAND, Fla., March 1, 2017 - Publix’s sales for the fourth quarter of 2016, a 14-week period, were $9.1 billion, an 11.1 percent increase from last year’s $8.2 billion, a 13-week period. The additional week in the fourth quarter of 2016 increased sales by 7.4 percent. Comparable-store sales for the fourth quarter of 2016 increased 2.2 percent.

Net earnings for the fourth quarter of 2016 were $544.5 million, compared to $521.1 million in 2015, an increase of 4.5 percent. Earnings per share for the fourth quarter increased to $0.71 for 2016, up from $0.68 per share in 2015. Net earnings and earnings per share benefited from the extra week in the fourth quarter of 2016.

Publix’s sales for the fiscal year ended Dec. 31, 2016, a 53-week year, were $34 billion, a 5.1 percent increase from last year’s $32.4 billion, a 52-week year. The additional week in 2016 increased sales by 1.9 percent. Comparable-store sales for 2016 increased 1.9 percent.

Net earnings for 2016 were $2.03 billion, compared to $1.97 billion for 2015, an increase of 3.1 percent. Earnings per share increased to $2.63 for 2016, up from $2.54 per share in 2015. Net earnings and earnings per share benefited from the extra week in 2016.

These amounts are based on audited reports that will be filed today with the U.S. Securities and Exchange Commission and made available on the company’s website at corporate.publix.com/stock.

Effective March 1, 2017, Publix’s stock price increased from $40.15 per share to $40.90 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 proud of our Publix associates - the owners of Publix - for continuing to make us a leader in our industry and providing a great shopping experience,” said Publix CEO & President Todd Jones.

Publix is privately owned and operated by its 190,000 employees. Currently Publix has 1,143 stores in Florida, Georgia, Alabama, Tennessee, South Carolina and North Carolina. The company has been named one of Fortune’s “100 Best Companies to Work For in America” for 19 consecutive years. In addition, Publix’s dedication to superior quality and customer service is recognized among the top in the grocery business. For more information, visit the company’s website, corporate.publix.com. ###