(State of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||||||||||||
(Address of principal executive offices) | (Zip Code) | |||||||||||||
(Registrant’s telephone number, including area code) |
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)) | |||||
Securities registered pursuant to Section 12(b) of the Act: None | |||||
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨ | |||||
PUBLIX SUPER MARKETS, INC. | ||||||||
Dated: August 1, 2022 | By: | /s/ David P. Phillips | ||||||
David P. Phillips, Executive Vice President, Chief Financial Officer | ||||||||
and Treasurer (Principal Financial and Accounting Officer) | ||||||||
![]() | Exhibit 99.1 Contact: Maria Brous (863) 680-5339 |
Three Months Ended | ||||||||||||||||||||
June 25, 2022 | June 26, 2021 | |||||||||||||||||||
(Amounts are in millions, except per share amounts) | ||||||||||||||||||||
Net earnings | $ | 628.4 | 1,009.4 | |||||||||||||||||
Fair value adjustment, due to net unrealized loss (gain), on equity securities held at end of period | 358.1 | (129.0) | ||||||||||||||||||
Net gain on sale of equity securities previously recognized through fair value adjustment | — | 9.4 | ||||||||||||||||||
Income tax (benefit) expense (1) | (91.0) | 30.5 | ||||||||||||||||||
Net earnings excluding impact of fair value adjustment | $ | 895.5 | 920.3 | |||||||||||||||||
Weighted average shares outstanding | 3,401.3 | 3,460.3 | ||||||||||||||||||
Earnings per share excluding impact of fair value adjustment | $ | 0.26 | 0.27 |
Six Months Ended | ||||||||||||||||||||
June 25, 2022 | June 26, 2021 | |||||||||||||||||||
(Amounts are in millions, except per share amounts) | ||||||||||||||||||||
Net earnings | $ | 1,246.4 | 2,504.5 | |||||||||||||||||
Fair value adjustment, due to net unrealized loss (gain), on equity securities held at end of period | 939.0 | (913.8) | ||||||||||||||||||
Net gain on sale of equity securities previously recognized through fair value adjustment | — | 9.4 | ||||||||||||||||||
Income tax (benefit) expense (1) | (238.7) | 230.0 | ||||||||||||||||||
Net earnings excluding impact of fair value adjustment | $ | 1,946.7 | 1,830.1 | |||||||||||||||||
Weighted average shares outstanding | 3,408.6 | 3,458.2 | ||||||||||||||||||
Earnings per share excluding impact of fair value adjustment | $ | 0.57 | 0.53 | |||||||||||||||||
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Cover |
Aug. 01, 2022 |
---|---|
Document Information [Line Items] | |
Document Type | 8-K |
Amendment Flag | false |
Document Period End Date | Aug. 01, 2022 |
Entity Registrant Name | PUBLIX SUPER MARKETS, INC. |
Entity Incorporation, State or Country Code | FL |
Entity File Number | 000-00981 |
Entity Tax Identification Number | 59-0324412 |
Entity Address, Address Line One | 3300 Publix Corporate Parkway |
Entity Address, City or Town | Lakeland |
Entity Address, State or Province | FL |
Entity Address, Postal Zip Code | 33811 |
City Area Code | (863) |
Local Phone Number | 688-1188 |
Written Communications | false |
Soliciting Material | false |
Pre-commencement Tender Offer | false |
Pre-commencement Issuer Tender Offer | false |
Entity Emerging Growth Company | false |
Entity Central Index Key | 0000081061 |
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