US retailer Weis Markets has posted a 34.9% increase in its second-quarter earnings to reach US$20.9m.

The company yesterday (12 July) booked a 6.2% sales increase for the quarter ended 26 June to reach $653.7m, although like-for-likes remained flat.

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Weis Markets president and CEO David Hepfinger said: “We attribute our results to improved efficiencies and productivity at store and distribution levels. We have also benefited from improvements in the procurement arena and our perishable departments, notably meat and produce, continue to perform well.”

The company operates 164 stores across Pennsylvania, Maryland, New York, New Jersey and West Virginia.

 

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