SUNBURY, Pa. — Weis Markets here said Thursday greater efficiencies in store operations and more disciplined marketing and advertising helped boost earnings for the first fiscal quarter, which ended March 26. Net income increased 7% to $18.6 million, while sales declined 0.7% to $659.5 million. Comparable-store sales rose 0.6%. The company said the sales declines resulted from the divestiture of 18 unprofitable SuperPetz stores and two underperforming Weis stores. David J. Hepfinger, ...
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 a complimentary copy of SN's salary survey sent to you by email.
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.