SUNBURY, Pa. — Cautious shoppers and product price deflation caused net earnings to fall by 8.8% during the fourth quarter for Weis Markets, the retailer here said Monday. For the 13-week quarter that ended Dec. 26, Weis reported sales of $671.4 million — an 8.4% increase — and comparable-store sales of 1.9%. Net earnings of $15.5 million were down from $17 million in the same period last year. Earnings per share of 58 cents fell short of analyst estimates of 65 cents. “We continue to make ...
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