Weis sales, earnings improve in 4Q

Weis sales, earnings improve in 4Q

Weis Markets late Thursday said improved assortments and promotions triggered a 2.8% sales increase and earnings improved 21% on cost controls during the fiscal fourth quarter.

The Sunbury, Pa.-based retailer reported net earnings of $16.6 million on sales of $734.1 million for the 13-week period ended Dec. 26. Comparable-store sales improved by 2.8%. Operating income improved by 25.4% to $25.8 million.

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