SUNBURY, PA - Weis Markets released its financial results for the third quarter and year-to-date period ending September 28, 2024, showcasing its resilience in a post-inflationary landscape. The company reported solid growth in sales, noting that its net sales for the third quarter were $1.19 billion, a 2.2 percent increase over last year.

"We continue to make progress in a post-inflationary environment affecting our year-over-year comparisons. Despite the challenge, we posted a solid comparable store sales increase in the period and generated net income results that remain in line with our expectations," stated Jonathan H. Weis, Chairman, President, and Chief Executive Officer.

According to the press release, Weis Markets attributes its performance to several critical factors, including its popular Weis Rewards loyalty program, ongoing Low, Low Price program investments, and disciplined store-level efficiencies. During the period, the company expanded its Low, Low Price program by adding 448 household essential items across eight non-food categories.

Key financial highlights from the third quarter 2024 results include:

• Net sales totaled $1.19 billion for the 13-week third quarter ended September 28, 2024, up 2.2 percent compared to last year
• Third quarter net income totaled $25.84 million, which included a $4.58 million gain on disposition of fixed assets, compared to $23.23 million in 2023, up 11.3 percent

Key financial highlights from the year-to-date 2024 results include:

• Net sales totaled $3.55 billion for the 39-week year-to-date period ended September 28, 2024, compared to $3.48 billion for the same period in 2023, up 1.8 percent
• The company's year-to-date net income totaled $75.26 million, which included a $4.58 million gain on disposition of fixed assets in the third quarter of 2024, compared to $83.31 million in 2023, down 9.7 percent

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