The Ledger | Inflation again drove higher sales at Publix in 2024. But operating profit ticked down

Lakeland-based Publix Super Markets Inc. reported on Monday that comparable-store sales for the fiscal year ended Dec. 28 increased 2.9%. A deeper dive into the company’s annual K-10 report shows same-store sales primarily increased because of inflation, which covered the higher cost of acquiring products to sell, according to Jennifer Wu Tucker, an accounting professor at the University of Florida.

Read more insights from Tucker in this story from The Ledger.