Weis Markets Q1 sales up 9.7% to $1.1B; EPS $1.17 vs $0.90 YoY

WEIS MARKETS INC

2022-Q1 EPS reported $1.17 revenue$1,104,069,000

Net sales of $1.1B for the 13 weeks ended March 26, 2022, up 9.7% from $1.0B in Q1 2021.
Comparable store sales grew 9.4% YoY, accelerating from Q4 2021's 6.9% increase.
Net income rose 29.4% to $31.4M; earnings per share of $1.17 vs $0.90 in prior year.
CEO cited strong momentum, stable gross margins, and results exceeding expectations despite inflation.

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