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, 2012
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
(Registrants 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, 2012, Publix Super Markets, Inc. issued a press release to report its fourth quarter and annual results for 2011 and stock price effective March 1, 2012. 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, 2012 |
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 2, 2012 | By: | /s/ David P. Phillips | ||||
David P. Phillips, Chief Financial Officer and Treasurer | ||||||
(Principal Financial and Accounting Officer) |
Page 3 of 4 pages
Exhibit Index
Exhibit 99.1. Press Release dated March 1, 2012
Page 4 of 4 pages
Exhibit 99.1
Contact: Maria Brous
(863) 680-5339
Publix Announces Fourth Quarter and Annual Results for 2011
LAKELAND, Fla., March 1, 2012 Publixs sales for the fourth quarter of 2011, a 14-week period, were $7.2 billion, a 13.4 percent increase from last years $6.4 billion, a 13-week period. The additional week in the fourth quarter of 2011 increased sales by 7.6 percent. Comparable-store sales for the fourth quarter of 2011 increased 5.3 percent.
Net earnings for the fourth quarter of 2011 were $399.5 million, compared to $342.1 million in 2010, an increase of 16.8 percent. Earnings per share for the fourth quarter increased to $0.51 for 2011, up from $0.44 per share in 2010. Net earnings and earnings per share benefited from the extra week in the fourth quarter of 2011.
Publixs sales for the fiscal year ended Dec. 31, 2011, a 53-week year, were $27.0 billion, a 7.3 percent increase from last years $25.1 billion, a 52-week year. The additional week in 2011 increased sales by 1.9 percent. Comparable-store sales for 2011 increased 4.1 percent.
Net earnings for 2011 were $1.5 billion, compared to $1.3 billion for 2010, an increase of 11.5 percent. Earnings per share increased to $1.90 for 2011, up from $1.70 per share in 2010. Net earnings and earnings per share benefited from the extra week in 2011.
These amounts are based on audited reports that were filed Feb. 29, 2012, with the U.S. Securities and Exchange Commission (SEC). The companys annual report to the SEC, Form 10-K, is available on its website at www.publix.com/stock.
Effective March 1, 2012, Publixs stock price increased $2.20 from $20.20 per share to $22.40 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.
Im pleased that our strong operating performance and improvements in the stock market resulted in an increase in our stock price, said Publix CEO Ed Crenshaw. Our associate owners deserve the credit for these results as they continue to make us a leader in customer service.
Publix is privately owned and operated by its 151,000 employees. Currently Publix has 1,049 stores in Florida, Georgia, South Carolina, Alabama and Tennessee. The company has been named one of FORTUNEs 100 Best Companies to Work For in America for 15 consecutive years. In addition, Publixs 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 companys website, www.publix.com. ###