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Global 500

Mark Elias—Bloomberg/Getty Images

308

Publix Super Markets

U.S.

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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CEO

Randall T. Jones Sr.

Sector

Food & Drug Stores

Industry

Food and Drug Stores

HQ Location

Lakeland, FL

Years on Global 500 List

23

Employees

191,000

Publix Super Markets is also featured in these fortune lists
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
Profit Ratios
Profit as % of Revenues5.9%
Profits as % of Assets11.6%
Profits as % of Stockholder Equity15.0%