SUNBURY, Pa. — Weis Markets here on Tuesday said sales and net income for the first quarter were both higher compared with year-ago results. Net income for the 13-week quarter, which ended March 27, rose 5.2%, to $17.4 million, on a 9.6% gain in sales, to $664.3 million. Comparable-store sales were up 3%. David J. Hepfinger, president and chief executive officer, said sales benefited from a $3 million investment in aggressive promotional programs. "This is our sixth consecutive quarter of ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.