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Dec 28, 2019
Weis Markets Q4 2019 Earnings Report
Weis Markets reported increased sales and net income for Q4 2019.
Key Takeaways
Weis Markets reported a 1.1% increase in sales and a 42.6% increase in net income for the fourth quarter of 2019. The company's performance was driven by targeted holiday promotions and improvements in store-level efficiencies and price optimization.
Total sales increased by 1.1% to $902.4 million compared to the same period in 2018.
Comparable store sales increased by 1.4% in the fourth quarter.
Income from operations totaled $23.0 million, compared to $15.5 million in the same period in 2018.
Net income increased by 42.6% to $18.9 million compared to $13.2 million in 2018.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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