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Sep 28, 2024
Weis Markets Q3 2024 Earnings Report
Weis Markets reported third quarter results with a comparable store sales increase.
Key Takeaways
Weis Markets reported a net sales increase of 2.2% to $1.19 billion and a net income increase of 11.3% to $25.84 million for the third quarter of 2024. Comparable store sales excluding fuel increased by 3.0%.
Net sales totaled $1.19 billion, up 2.2% compared to the third quarter of 2023.
Comparable store sales excluding fuel increased by 3.0% year-over-year.
Net income increased to $25.84 million, including a $4.58 million gain on disposition of fixed assets.
Earnings per share totaled $0.96, compared to $0.86 in the prior year.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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