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Florida Scoop · Aug 9, 2026

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Publix Sales Slip As Shoppers Cut Back Amid Tough Economy Publix reported second-quarter sales of $15.7 billion, up just 1% from last year. Comparable-store sales fell 0.5% for the quarter and 0.3% over the first six months. The Lakeland-based chain pointed to weaker consumer spending and what CEO Kevin Murphy called a “difficult” economy. Food inflation is pushing shoppers to trade down, buy fewer items, or switch to cheaper brands. A Medicare drug pricing change that lowered costs on 10 medicines also cut into pharmacy sales. Net earnings rose to $1.7 billion, helped by investment gains. Publix’s internal stock price for employees dropped from $20.45 to $19.60. Murphy thanked associates for staying committed to customers and communities during the current economic pressure.

*Publix Sales Slip As Shoppers Cut Back Amid Tough Economy* Publix reported second-quarter sales of $15.7 billion, up just 1% from last year. Comparable-store sales fell 0.5% for the quarter and 0.3% over the first six months. The Lakeland-based chain pointed to weaker consumer spending and what CEO Kevin Murphy called a “difficult” economy. Food inflation is pushing shoppers to trade down, buy fewer items, or switch to cheaper brands. A Medicare drug pricing change that lowered costs on 10 medicines also cut into pharmacy sales. Net earnings rose to $1.7 billion, helped by investment gains. Publix’s internal stock price for employees dropped from $20.45 to $19.60. Murphy thanked associates for staying committed to customers and communities during the current economic pressure.

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