Weis Markets Reports Third Quarter Results
Weis Markets, Inc. reported its sales increased 14.4 percent to $1.0 billion during the thirteen-week period ended September 26, 2020, compared to the same period in 2019, while its third quarter comparable store sales increased 14.8 percent.
The Company's third quarter net income increased 118.8 percent to $31.3 million compared to $14.3 million in 2019, while earnings per share totaled $1.16 compared to $0.53 per share for the same period in 2019. Third quarter ecommerce sales increased 160 percent.
"Our sales and current demand continue to be impacted by a significant number of people working remotely, often with children attending...
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