Weis Markets (WMK) Reports Q1 EPS of $0.49; Comps Rose 3.4%

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Go back to Weis Markets (WMK) Reports Q1 EPS of $0.49; Comps Rose 3.4%

Weis Markets Reports First Quarter Results

May 1, 2015 12:15 PM EDT

SUNBURY, Pa., May 1, 2015 /PRNewswire/ -- Weis Markets, Inc. (NYSE: WMK) today reported a 3.7% increase in its first quarter sales while comparable store sales excluding fuel increased 4.7%.

During the thirteen-week period ending March 28, 2015, the Company's sales totaled $712.4 million. Overall comparable store sales increased 3.4% in the first quarter. During the same period, the Company's net income totaled $13.1 million, down 11.2% while earnings per share totaled $0.49 compared to $0.55 per share in 2014.

"We continue to make long-term... More