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, 2013
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, 2013, Publix Super Markets, Inc. issued a press release to report its fourth quarter and annual results for 2012 and stock price effective March 1, 2013. 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, 2013 |
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, 2013 |
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, 2013
Page 4 of 4 pages
Exhibit 99.1
Contact: Maria Brous
(863) 680-5339
Publix Reports Fourth Quarter and Annual Results for 2012
LAKELAND, Fla., March 1, 2013 Publixs sales for the fourth quarter of 2012, a 13-week period, were $7.0 billion, a 3.6 percent decrease from last years $7.2 billion, a 14-week period. Excluding the additional week in the fourth quarter of 2011, sales for the fourth quarter of 2012 would have increased by 3.4 percent. Comparable-store sales for the fourth quarter of 2012 increased 1.2 percent.
Net earnings for the fourth quarter of 2012 were $392.8 million, compared to $399.5 million in 2011, a decrease of 1.7 percent. Earnings per share for the fourth quarter decreased to $0.50 for 2012, down from $0.51 per share in 2011. Net earnings and earnings per share decreased due to the extra week in the fourth quarter of 2011.
Publixs sales for the fiscal year ended Dec. 29, 2012, a 52-week year, were $27.5 billion, a 1.9 percent increase from last years $27.0 billion, a 53-week year. Excluding the additional week in 2011, sales for 2012 would have increased by 3.8 percent. Comparable-store sales for 2012 increased 2.2 percent.
Net earnings for 2012, a 52-week year, were $1.6 billion, a 4.0 percent increase from last years $1.5 billion, a 53-week year. Earnings per share increased to $1.98 for 2012, up from $1.90 per share in 2011.
These amounts are based on audited reports that were filed Feb. 28, 2013, 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, 2013, Publixs stock price increased $0.70 from $22.50 per share to $23.20 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 with the improvement in our operating results for 2012, a 52-week year, as compared with 2011, a 53-week year, said Publix CEO Ed Crenshaw. As a result of our associates efforts, our stock price reached a new all-time high after considering stock splits.
Publix is privately owned and operated by its 157,000 employees. Currently Publix has 1,069 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 16 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. ###