WEIS SEES EARNINGS DECLINE, SALES GROWTH IN THIRD QUARTER

SUNBURY, Pa. -- Weis Markets here said last week a sharp decline in investment income was a primary reason earnings fell 38% to $11.7 million in the third quarter ended Sept. 29.s increased 2.7% to $498.8 million, and identical-store sales were up 3.2%.For the first three quarters, sales declined 2.3% to $1.48 billion, income fell 36% to $37.6 million, and earnings per share were $1.11, compared with

SUNBURY, Pa. -- Weis Markets here said last week a sharp decline in investment income was a primary reason earnings fell 38% to $11.7 million in the third quarter ended Sept. 29.

s increased 2.7% to $498.8 million, and identical-store sales were up 3.2%.

For the first three quarters, sales declined 2.3% to $1.48 billion, income fell 36% to $37.6 million, and earnings per share were $1.11, compared with $1.41 in the first 39 weeks of the previous year.

Norman Rich, pr

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