Weis reports positive operating results
SUNBURY, Pa. — Weis Markets on Thursday reported a 7% increase in sales, to $18.6 million, for the 13 weeks ended March 26.
Basic and diluted earnings per share increased 6.2% to 69 cents per share, Weis reported.
Same-store sales were up 0.6%.
"Our current results mark our ninth consecutive quarter of strong operating results," stated David Hepfinger, Weis Markets' president and CEO. "Our company achieved these results at a time of continuing consumer caution and during a period when increased wholesale inflation continues to outpace retail price inflation."