SUNBURY, PA-Regional grocer Weis Markets is making things work during the recession. Management just reported a second-quarter earnings increase of 34.9%, hitting $20.5 million.
From a revenue standpoint, same-store sales came in flat year-over-year, while total sales rose 6.2%, reaching $653.7 million. Perishable departments at stores are performing well, and the company made recent improvements in productivity and distribution, said David Hepfinger, Weis' president and chief executive, in a press release.
Year-to-date, Weis, which operates 164 units in the Northeast and Mid-Atlantic, posted a 19.4% earnings jump, to $37.9 million. Sales so far this year are up 7.9%, reaching $1.3 billion.
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