Weis Markets Q3 EPS $0.86 Down From $1.07 YoY, Sales $1.16B Up From $1.15B YoY
Portfolio Pulse from Benzinga Newsdesk
Weis Markets reported Q3 earnings of $0.86 per share, a 19.63% decrease from $1.07 per share YoY. The company's sales increased by 0.78% to $1.16 billion from $1.15 billion YoY.
November 06, 2023 | 10:19 pm
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Weis Markets reported a decrease in Q3 earnings per share by 19.63% YoY, while sales saw a slight increase of 0.78% YoY.
The decrease in earnings per share indicates a decline in profitability, which could negatively impact the stock price. However, the slight increase in sales could offset this to some extent.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100