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Mar 26, 2022
Weis Markets Q1 2022 Earnings Report
Weis Markets' first quarter results were reported with net sales and net income increasing.
Key Takeaways
Weis Markets reported a strong first quarter in 2022, with a 9.7 percent increase in net sales, reaching $1.1 billion, and a 29.4 percent increase in net income, totaling $31.4 million. Comparable store sales increased by 9.4 percent.
Net sales increased by 9.7 percent to $1.1 billion.
Comparable store sales increased by 9.4 percent.
Net income increased by 29.4 percent to $31.4 million.
Earnings per share increased to $1.17, up from $0.90 in the same period last year.