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Jun 25, 2022
Weis Markets Q2 2022 Earnings Report
Second quarter results reported with comparable store sales increase and net income up.
Key Takeaways
Weis Markets reported strong second-quarter results with an 8.4 percent increase in both net sales and comparable store sales, as well as an 8.3 percent increase in net income.
Net sales totaled $1.14 billion, up 8.4 percent compared to the same period in 2021.
Comparable store sales increased 8.4 percent year-over-year.
Net income increased to $36.27 million, an 8.3 percent increase compared to 2021.
Earnings per share totaled $1.35, compared to $1.24 per share for the same period in 2021.