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Weis posts 4Q profit

SUNBURY, Pa. (AP) _ Weis Markets Inc. (WMK) on Thursday reported fourth-quarter net income of $41.1 million.

The Sunbury, Pennsylvania-based company said it had net income of $1.52 per share.

The food retailer posted revenue of $925.1 million in the period.

For the year, the company reported profit of $87.2 million, or $3.24 per share. Revenue was reported as $3.14 billion.

Weis shares have declined 16 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $56.42, a rise of 33 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WMK at https://www.zacks.com/ap/WMK


Keywords: Weis Markets, Earnings Report