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Publix Reports First Quarter 2020 Results and Stock Price Business Wire May 1, 2020 The coronavirus pandemic was declared a national emergency on March 13, 2020. Publix stock is not publicly traded and is made available for sale only to current Publix associates and members of its board of directors.LAKELAND, Fla., May 1, 2020 - The coronavirus pandemic was declared a national emergency on March 13, 2020. The company excludes the impact of the fair value adjustment since it is primarily due to temporary equity market fluctuations that do not reflect the company's operations. Publix reports first quarter 2020 results and stock price. LAKELAND, Fla. — Publix Super Markets Inc. reported sales of $9.3 billion for the first quarter of 2018. Publix stock, which is privately traded and available only to employees, rose from $48.90 per share March 1 to $50.10 as of May 1.Publix is the largest employee-owned company in the U.S., with more than 220,000 employees. "Fair value adjustment, due to net unrealized loss (gain), on equity securities held at end of periodWeighted average shares outstandingThese amounts are based on unaudited financial statements that will be filed today with the U.S. Securities and Exchange Commission and made available on the company's website at corporate.publix.com/stock.Publix's sales for the three months ended March 28, 2020 were $11.2 billion, a 16.1% increase from $9.7 billion in 2019. That is an increase of 6.8% increase from last year’s $8.7 billion. Due to the pandemic, Publix … . Lakeland-based grocer giant Publix reported $11.2 billion in sales over the first fiscal quarter of 2020, with an estimated $1 billion as a result of the coronavirus pandemic. Publix stock is not publicly traded and is made available for sale only to current Publix associates and members of its board of directors. 'Our associates' efforts to serve our customers and communities have been nothing short of extraordinary. Earnings per share would have been $1.35 per share, compared to $1.04 per share in 2019.The coronavirus pandemic was declared a national emergency on March 13, 2020. 'Publix's sales for the three months ended March 28, 2020 were $11.2 billion, a 16.1% increase from $9.7 billion in 2019. 07/01/2020: Publix announces quarterly dividend: 05/01/2020: Publix reports … Net loss on sale of equity securities previously recognized through fair value adjustmentIn addition to reporting financial results for the three months ended March 28, 2020 and March 30, 2019 in accordance with U.S. generally accepted accounting principles (GAAP), the company presents net earnings and earnings per share excluding the impact of equity securities being measured at fair value with net unrealized gains and losses from changes in the fair value recognized in earnings (fair value adjustment). Publix Super Markets has reported its first quarter 2020 results, which include the beginning of the coronavirus pandemic as it was declared a national emergency on March 13. Due to the pandemic, Publix has been classified as an essential business and has remained open to serve the needs of its customers. Publix's sales for the three months ended March 28, 2020 were $11.2 billion, a 16.1% increase from $9.7 billion in 2019. 'Never before have we experienced a more challenging time,' said Publix CEO Todd Jones. I want to thank our associates and couldn’t be more proud to serve alongside them.” Net earnings for the three months ended March 28, 2020 were $667.3 million, compared to $981 million in 2019, a decrease of 32%. Excluding the impact of net unrealized losses on equity securities in 2020 and net unrealized gains on equity securities in 2019, net earnings for the three months ended March 28, 2020 would have been $956.2 million, compared to $741.7 million in 2019, an increase of 28.9%. I want to thank our associates and couldn't be more proud to serve alongside them. Publix Super Markets posted double-digit gains in net and comparable-store sales for its fiscal 2020 first quarter, citing a late-quarter spurt in business from the COVID-19 outbreak.