Weis Markets (WMK) Reports Q1 EPS of $0.44

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Weis Markets Reports 1st Quarter Results

May 10, 2017 5:00 PM EDT

SUNBURY, Pa., May 10, 2017 /PRNewswire/ -- Weis Markets, Inc. (NYSE: WMK) today reported its sales increased 15.4 percent to $852.2 million in the first quarter compared to $738.2 million for the same period in 2016 while first quarter comparable store sales, adjusting for the New Year's and Easter holiday shift in 2017, increased 1.1 percent, which represents the Company's 12th consecutive quarter of increased comparable store sales.

During the 13-week period ended April 1, 2017, the Company's net income declined 41.2 percent to $11.8 million while... More