Weis Markets reports increase in sales for Q1

SUNBURY, Pa. Weis Markets on Friday reported a 1.8% increase in sales for the first quarter ended March 28, reaching $606.2 million. Comparable-store sales increased 1.6%.

“Our results reflect the continued improvement in our operating performance,” stated David Hepfinger, Weis president and CEO. “We have done a better job at balancing the needs of our business and managing our expenses. These improvements are clearly apparent in our income from core operations, which increased 154.2% in the first quarter. It is also important to note that we operate in a difficult sales environment. Our core markets are clearly affected by higher unemployment rates and a record low consumer confidence index, which has resulted in cautious overall spending by our customers.”