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Weis Markets sales jump on in-store efforts

5/4/2015

Weis Markets says its customer experience strategy is paying off, as the grocery chain credited the effort with its increase in same store sales in the first quarter.



Weis Marketrs reported a 3.7% increase in its first quarter sales to $712.4 million while same store sales excluding fuel increased 4.7%.



"We continue to make long-term investments in growing our sales and are encouraged by our results," said Jonathan Weis, Weis Markets' chairman and CEO. "Our first quarter sales increase was the result of improved everyday pricing, disciplined promotions and an improved in-store experience. This combination produced a strong increase in customer count and continued market share growth."



During the thirteen-week period ended March 28, overall comparable store sales increased 3.4%. During the same period, the company's net income totaled $13.1 million, down 11.2% while earnings per share totaled $0.49 compared to $0.55 per share in 2014.
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