Weis Markets, Inc. reported that third quarter net income increased 26.9 percent to $14.8 million and that its diluted earnings per share increased 27.9 percent to $.55 per share. Year-to-date, the company's net income increased 14.8 percent to $43.2 million and diluted earnings per share increased 43.2 percent to $1.59 per share. During the third quarter, Weis's income from operations increased 3.6 percent to $17.4 million, with year-to-date income from operations increased 27.6 percent to $56.3 million.
Third quarter sales increased .5 percent to $495.9 million and same store sales increased .6 percent. Year-to-date, the Company's sales increased 1.6 percent to $1.5 billion and identical sales were also up 1.5 percent.