- Weis Markets posted fourth-quarter net income that was up 28.3 percent to $16 million, compared to an 18.2 percent increase in 2002. Income from operations increased 22.9 percent to $23.1 million.
Fourth quarter sales increased 0.7 percent to $507.2 million, while same store sales were up 0.9 percent.
Annual total sales were up 1.4 percent to $2 billion for 2002.
- Ingles Markets posted first quarter net income of $3.2 million, compared with $4.1 million during the same period a year ago, and sales of $495 million, a nearly one percent drop from last year, owing to the closure of four stores. Same store sales were off less than one percent.
