Weis Sales, Earnings Increase in 4Q

Targeted sales promotions, along with improvements in operating efficiency, drove a 97.6% increase in fourth-quarter net income for Weis Markets, the retailer said Wednesday, although earnings for the full year were down.

SUNBURY, Pa. — Targeted sales promotions, along with improvements in operating efficiency, drove a 97.6% increase in fourth-quarter net income for Weis Markets, the retailer said Wednesday, although earnings for the full year were down.

For the 13-week fourth quarter, which ended Dec. 27, Weis reported net income of $17 million on sales of $619.4 million. Sales improved 4.5%, and comparable-store sales improved by 2.2%. Net income for the fiscal year decreased 7.8%, to $47 mill

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