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Fortune 500

Michael Fredette


Publix Super Markets

For almost a decade the 81-year old, privately-held supermarket chain in the Southeastern U.S. was on a slow growth trajectory under CEO Ed Crenshaw, who semi-retired in May 2016 but continues as chairman. Under the leadership of lifelong Publix associate Todd Jones, the world’s largest employee-owned company recorded $34 billion in 2016 sales, an 5% increase from the (slightly shorter) year prior, and record profits of more than $2 billion. The company has growth on the brain with expansion plans that include Virginia and the Carolinas. With 180,000 employees (and co-owners thanks to a health stock ownership plan), what’s a few more?

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Randall T. Jones Sr.

CEO Title

President, Chief Executive Officer & Director


Food & Drug Stores


Food and Drug Stores

HQ Location

Lakeland, FL

Years on Fortune 500 List




Profile provided by S&P Global.
Key Financials (Last Fiscal Year)
$ millions% change
Revenues ($M)$34,2745.1%
Profits ($M)$2,025.73.1%
Assets ($M)$17,464
Total Stockholder Equity ($M)$13,473.3
Market Value — as of March 31, 2017 ($M)-
Profit Ratios
Profit as % of Revenues5.9%
Profits as % of Assets11.6%
Profits as % of Stockholder Equity15.0%
Earnings Per Share (Last Fiscal Year)
Earnings Per Share ($)2.63
EPS % Change (from 2015)3.5%
EPS % Change (5 year annual rate)6.7%
EPS % Change (10 year annual rate)7.4%
Total Return
Total Return to Investors (2016)-
Total Return to Investors (5 year, annualized)-
Total Return to Investors (10 year, annualized)-