Publix generated $54.5 billion in sales last year, up 13.6% from $48 billion the year before, the Lakeland, Florida-based company reported Wednesday.
Part of that surge came because the grocery store’s fiscal year in 2022 was 53 weeks compared with 52 weeks in 2021. That extra week increased sales by 2.1%, the company said.
The soaring cost of food also likely played a role in the company’s revenue jump as grocery aisles across the country saw higher price tags.
