Weis Markets reports Q3 EPS 86c vs. $1.07 last year

Reports Q3 revenue $1.16B vs. $1.15B last year. “Our 2023 results remain in line with our expectations despite a challenging marketplace of ongoing inflation, higher interest rates, and declining government benefits,” said Weis Markets, Inc. Chairman, President and CEO Jonathan H. Weis. “We are grateful to our associates for their hard work and commitment to serve our customers and drive efficiencies in our business. During the quarter, we expanded our Low, Low Price program which now offers strong, everyday savings and values on more than 10,000 products. We also continue to make prudent reinvestments in long-term profitable growth which benefits all our stakeholders now and in the years ahead.”