Weis reports rise in sales for Q3

SUNBURY, Pa. Weis Markets on Thursday announced its third-quarter net income increased 4.9% to $16.3 million and that its earnings per share for the same period increased 5.2% to 61 cents per share, compared with the same period a year ago.

During the 13-week period ended Sept. 25, the company's sales increased 2.7% to $640 million while its comparable-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," stated Weis president and CEO David Hepfinger. "We attribute our results to continuing operational improvements at store and distribution levels, increased efficiencies, improved cost controls, and disciplined marketing and advertising."

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