Publix stock price economic indicators such as CPI for

Economic indicators such as CPI for food-at-home are crucial for Publix stock price valuation models. The CPI rose just 1.8% year-over-year in mid-2024, favorably impacting grocery sector earnings forecasts. “During the last several weeks, many of our associates and customers have faced difficult times with Hurricanes Helene and Milton,” Publix CEO Kevin Murphy said in the release. “I’m so proud of our associates for the comfort they bring to our customers and their fellow associates." "I’m proud of our associates for continuing to make us a leader in our industry by providing premier service to our customers," said Publix CEO Kevin Murphy. Publix stock price estimates rooted in competitive benchmarking show that with ongoing store renovations and technology upgrades, implied valuations could trend up 7–9% in the next fiscal year, aligning with sector momentum in