WEIS SAYS DIVISION SALE HURT 3RD QUARTER REVENUES

SUNBURY, Pa. -- Weis Markets here said last week the sale of its food service division in April resulted in lower sales for the third quarter ended Sept. 23.on in food service sales -- while same-store sales increased 2% for the quarter and 0.8% for the year to date. Net income declined 0.3% to $19.2 million for the quarter and 1.5% to $58.6 million for the 39 weeks.Norman S. Rich, Weis president,

SUNBURY, Pa. -- Weis Markets here said last week the sale of its food service division in April resulted in lower sales for the third quarter ended Sept. 23.

on in food service sales -- while same-store sales increased 2% for the quarter and 0.8% for the year to date. Net income declined 0.3% to $19.2 million for the quarter and 1.5% to $58.6 million for the 39 weeks.

Norman S. Rich, Weis president, said the company is on track for building long-termsales and market share, but

Register to view the full article