Weis Markets Q2 EPS $1.27 Down From $1.35 YoY, Sales $1.18B Up From $1.14B YoY
Portfolio Pulse from Benzinga Newsdesk
Weis Markets reported Q2 earnings of $1.27 per share, a decrease of 5.93% YoY. The company's sales for the quarter were $1.18 billion, an increase of 3.85% YoY.
August 07, 2023 | 9:10 pm
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NEUTRAL IMPACT
Weis Markets reported a decrease in Q2 earnings but an increase in sales YoY.
Weis Markets reported a decrease in earnings per share, which could negatively impact the stock. However, the increase in sales could offset this negative impact, leading to a neutral short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100