UPDATE: Weis Markets (WMK) Reports Q1 EPS of $0.75

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Go back to UPDATE: Weis Markets (WMK) Reports Q1 EPS of $0.75

Weis Markets Reports First Quarter Results

May 2, 2016 11:45 AM EDT

SUNBURY, Pa., May 2, 2016 /PRNewswire/ -- Weis Markets, Inc. (NYSE: WMK) today reported its first quarter net income increased 51.1 percent to $20.1 million while earnings per share increased 50.0 percent to $.75 per share compared to $.50 per share for the same period in 2015. During the same period, the Company's operating income increased 57.4 percent to $31.3 million.

For the thirteen week period ended March 26, 2016, the Company's sales increased 3.6 percent to $738.2 million and its comparable store sales also increased 3.6 percent.  The incremental sales impact due to... More