Weis Markets Q4 EPS $0.76 Down From $1.07 YoY, Sales $1.21B Down From $1.31B YoY
Portfolio Pulse from Benzinga Newsdesk
Weis Markets reported a decrease in both earnings per share (EPS) and sales for Q4, with EPS dropping to $0.76 from $1.07 year-over-year (YoY) and sales decreasing to $1.21 billion from $1.31 billion YoY.
February 27, 2024 | 10:47 pm
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Weis Markets reported a year-over-year decrease in Q4 earnings per share and sales, indicating a potential negative impact on its stock price in the short term.
The reported decrease in both EPS and sales for Weis Markets in Q4 compared to the previous year suggests a potential negative impact on investor sentiment and the stock price in the short term. Lower earnings and sales figures often lead to decreased investor confidence and can result in a drop in stock price.
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IMPORTANCE 90
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