Weis Q2 net sales up 8.4% to $1.14B; EPS $1.35 vs $1.24; comp sales +8.4%

WEIS MARKETS INC

2022-Q2 EPS reported $2.52 revenue$2,239,302,000

Net sales $1.14B for Q2, up 8.4% YoY; comparable store sales up 8.4%.
Net income $36.3M ($1.35 EPS) vs $33.5M ($1.24 EPS) in prior year, up 8.3%.
YTD net sales $2.24B (+9.0%); net income $67.7M (+17.2%); EPS $2.52 vs $2.15.
Expanded Low Low Price program with multi-million-dollar investment on frozen brands in May.
Chairman cites inflationary pressures but strong associate performance and value programs.

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