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Dec 25, 2021
Weis Markets Q4 2021 Earnings Report
Weis Markets' Q4 2021 financial results were reported, showing an increase in net sales and net income compared to the same period in 2020.
Key Takeaways
Weis Markets reported an 8.0% increase in net sales for the fourth quarter of 2021, totaling $1.1 billion. Comparable store sales increased by 6.9%. The company's net income for the quarter was $22.6 million, up 16.4% from 2020, with earnings per share at $0.84.
Net sales for the fourth quarter reached $1.1 billion, an 8.0% increase year-over-year.
Comparable store sales increased by 6.9% compared to the previous year.
Net income for the quarter totaled $22.6 million, a 16.4% increase from 2020.
Earnings per share for the fourth quarter were reported at $0.84, compared to $0.73 in the prior year.