Publix and Darden Restaurants in 2016 Fortune 500 List

Fortune 500 Central Florida

Fortune publishes the list of the 500 largest companies in the United States annually, organizing private and public companies by revenues, Publix Super Markets and Darden Restaurants two Central Florida Companies landed on the Fortune 500 list for 2016.

Lakeland-based Publix moved into the 100 biggest companies with revenues of $32.6 billion in 2015. It ranked 87, up from 101 in 2015. Publix continued to charge ahead by growing revenues 5.9 percent in 2015. The company also brought in nearly $2 billion in profits. Publix is a privately-traded, employee-owned company with about 180,000 workers nationwide.

Darden Restaurants a public company, based in Orlando, dropped a few spots to number 371, falling 46 spots from the past year after selling Red Lobster in 2015 for $2.1 billion. Its revenues drop by 18 percent last year but recorded $710 million in profits during the year Darden has about 150,000 employees at 1,500 restaurants and is the parent of Olive Garden, LongHorn Steakhouse, Eddie V’s, Bahama Breeze, Seasons 52, Yard House and Capital Grille.

Walmart, Exxon Mobile and Apple once again made it to the top three corporations.

Source: Orlando Sentinel.com

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