Weis’ Comps up 6.2%, but Profits Slip

Weis Markets said Friday that targeted promotions and “transaction-building programs” helped drive up third-quarter comparable-store sales by 6.2%, although profits were hurt by a one-time charge and increased operating costs.

SUNBURY, Pa. — Weis Markets here said Friday that targeted promotions and “transaction-building programs” helped drive up third-quarter comparable-store sales by 6.2%, although profits were hurt by a one-time charge and increased operating costs. Net income was down 25%, to $8.1 million, on a sales gain of 6.9%, to $603.9 million, for the 13-week quarter, which ended Sept. 27. Private-label sales rose 4.6% in terms of units. The company, which operates 155 stores in the mid-Atlantic region, t

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