Weis Posts Q3 Profit, Sales Gains

Weis Markets yesterday said its profits rose sharply in the third quarter on a slight increase in sales. The 165-store operator said net income of $15.6 million rose 92.2% for the 13-week period, which ended Sept. 26, compared with year-ago results.

SUNBURY, Pa. — Weis Markets here yesterday said its profits rose sharply in the third quarter on a slight increase in sales.

The 165-store operator said net income of $15.6 million rose 92.2% for the 13-week period, which ended Sept. 26, compared with year-ago results. Sales for the quarter rose 3.2%, and comparable-store sales rose 1.1%.

The results included about one month of volume from the Giant of Binghamton, N.Y., locations that were acquired Aug. 23 and reopened

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