Publix (OTCMKTS:PUSH)

PublixPublix is a grocery store chain with 1,095 stores. It’s stock is listed on the OTC market but it is not publicly traded. All shareholders are current or past employees or their families. The chain’s revenue in millions in 2014 was $30,560 and it employed approximately 175,000. Publix does not report their average number of SKUs, but they carry an assortment of grocery items including fresh produce, flowers and gifts, health and beauty products, and housewares. Their stated mission or value proposition is to focus on customer service, product quality, shopping environment, competitive pricing, and convenient locations.

Publix’ Good Jobs Score Overview

Overall
Score
6.9
Overall
Rank
#3
Customer/Employee Scores
Productivity/Customer Scores
Productivity/Employee Scores

 

Publix’ Customer Score

Customer
Score
9.5
Customer
Rank
#1
Additional Customer Data

The Good Jobs Customer component is comprised of ACSI, Consumer Reports, and Yelp scores (see Methodology for more details). Although not part of the Good Jobs Score, the following table provides additional data on customer satisfaction.

 

Publix’ Employee Score

Employee
Score
9.4
Employee
Rank
#2
Publix Glassdoor Rating Trend
Additional Employee Data

The Good Jobs Employee component is comprised of Glassdoor and Indeed scores (see Methodology for more details). Although not part of the Good Jobs Score, the following charts provide additional data on employee satisfaction and level of unionization.

  • The above charts provide additional information as measured by Glassdoor.com. They serve to show Publix’ relative position to its peer-group and do not imply a causal relationship between the dimensions.

 

Publix’ Productivity Score

Productivity
Score
3.6
Productivity
Rank
#8
Sales / SQFT
Sales / Employee
Inventory TurnoverVI
 
more performance data
FY2011FY2012FY2013FY2014
Fiscal year end12/31/201112/29/201212/31/201312/27/2014
Number of employees152,000158,000166,000175,000
Number of stores1,0461,0691,0791,095
Total store sqft² (m)48.749.850.351.2
Average store size (sqft²)46,55846,58646,61746,758
Revenue (m)$26,967$27,485$28,917$30,560
Gross margin (%)29.99%29.92%29.89%29.49%
EBITDA margin (%)9.67%9.60%9.68%9.46%
Same-store sales growth (%)4.10%2.20%3.60%5.40%

 

Publix’ CEO William E. Crenshaw

CEO-to-Cashier pay ratio
Pay ratio methodology
We follow a methodology established by the Economic Policy Institute. CEO compensation data is collected from Compustat’s annual executive compensation database and, where needed, extended by companies’ FAB 14A proxy filings with the S.E.C.. Hourly cashier compensation is collected from Glassdoor, with an average sample size of N=293. Annual cashier pay is estimated by multiplying hourly pay by 40 hours/week and 52 weeks.
CEO Approval
This metric, as collected by Glassdoor.com, represents a reviewer’s positive/neutral/negative rating of the current CEO. The CEO approval percentage is the share of reviewers who rate the CEO positively.

 

Publix’ Disclosure Details

The following data are based on SASB disclosure recommendations for the Human Capital dimension in the restaurant industry. They will be updated once SASB provides recommendations for the retail industry.

Voluntary Turnover RateNot Reported
Involuntary Turnover RateNot Reported
Average Hourly Wage (by region)Not Reported
% of Employees at Minimum WageNot Reported
Amount of legal/regulatory fines and settlements associated with labor law violationsNot Reported
Amount of tax credit received for hiring through enterprise zone programs
(these State and Local government programs encourage companies to create jobs in specific geographic area targeted for economic revitalization)
Not Reported

Footnotes   [ + ]