Weis Reports Q3 Sales, Earnings

Weis Markets here said its net earnings increased 4.9% to $16.3 million in the third quarter ended Sept. 25.

SUNBURY, Pa. — Weis Markets [2] here said its net earnings increased 4.9% to $16.3 million in the third quarter ended Sept. 25.

Overall sales increased 2.7% to $640 million in the period while same-store sales increased 0.1%.

"We continue to produce solid earnings increases in a slow growth environment that continues to be affected by cautious consumer spending," David J. Hepfinger, president and chief executive officer of Weis, said in a statement. "We attribute our results to continuing operational improvements at store and distribution levels, increased efficiencies, improved cost controls, and disciplined marketing and advertising."