trending Market Intelligence /marketintelligence/en/news-insights/trending/vDXFS6yKxNakbgEgb3P37A2 content esgSubNav
In This List

Weis Markets fiscal Q3 profit falls YOY

Case Study

A Sports Team Navigates Business Through Disruptive Times

Case Study

A Sports League Maximizes Revenue from Media Rights

Blog

Japan M&A By the Numbers: Q4 2023

Blog

Essential IR Insights Newsletter Fall - 2023


Weis Markets fiscal Q3 profit falls YOY

Weis Markets Inc. said its normalized net income for the fiscal third quarter ended Sept. 26, 2015, came to 45 cents per share, a decline from 46 cents per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $12.2 million, a decrease from $12.5 million in the prior-year period.

The normalized profit margin fell to 1.7% from 1.8% in the year-earlier period.

Total revenue increased on an annual basis to $711.9 million from $683.9 million, and total operating expenses increased on an annual basis to $692.3 million from $664.3 million.

Reported net income decreased 5.4% year over year to $12.8 million, or 48 cents per share, from $13.5 million, or 50 cents per share.