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Sep 26, 2020

Weis Markets Q3 2020 Earnings Report

Sales and net income increased during the third quarter.

Key Takeaways

Weis Markets reported a strong third quarter with a 14.4% increase in sales, reaching $1.0 billion. Net income also saw a significant increase of 118.8% to $31.3 million, with earnings per share at $1.16.

Sales increased by 14.4% to $1.0 billion.

Comparable store sales increased by 14.8%.

Net income increased by 118.8% to $31.3 million.

Earnings per share totaled $1.16, compared to $0.53 per share for the same period in 2019.

Total Revenue
$1B
Previous year: $876M
+14.4%
EPS
$1.16
Previous year: $0.53
+118.9%
Gross Profit
$274M
Cash and Equivalents
$117M
Free Cash Flow
$21.3M
Total Assets
$1.76B

Weis Markets

Weis Markets