Weis Posts Higher Q1 Profits, Lower Sales

SUNBURY, Pa. — Weis Markets here said Thursday greater efficiencies in store operations and more disciplined marketing and advertising helped boost earnings for the first fiscal quarter, which ended March 26.

SUNBURY, Pa. — Weis Markets here said Thursday greater efficiencies in store operations and more disciplined marketing and advertising helped boost earnings for the first fiscal quarter, which ended March 26.

Net income increased 7% to $18.6 million, while sales declined 0.7% to $659.5 million. Comparable-store sales rose 0.6%. The company said the sales declines resulted from the divestiture of 1

Register to view the full article

test - Advanced Registered User

Already a member? .