Weis Q3 sales up 4.1%

SUNBURY, Pa. - Weis Markets on Tuesday reported its third quarter sales increased 4.1% to $711.9 million while its comparable-store sales increased 4% compared to the third quarter in 2014.

 

Weis attributed its sales and comparable sales increases to disciplined promotions tied to its loyalty marketing program and the expansion of its gas rewards program. In the third quarter, Weis generated strong sales increases in produce, meat and the health and beauty care category. 

 

For the 39-week period ended Sept. 26, 2015, the company's sales increased 3.9% to $2.1 billion while comparable-store sales increased 3.9% compared to the same 39-week period ended Sept. 27, 2014.  Earnings per share increased 5.3% to $1.59 per share while net income increased 5.1% to $42.8 million.