• Pennsylvania-based Weis Markets reported fourth quarter sales of $601.9 million, up 12.1 percent from the same period a year earlier; Q4 same store sales were 4.7 percent. Net income for the quarter was $18.4 million, up 21.6 percent.
The company reported that its annual sales were $2.2 billion, up six percent from a year earlier, with same-store sales four percent. Net income for the year was $63.4 million, up 10.9 percent.
• Spartan Stores reported third quarter earnings of $4.8 million, down from $5.8 million during the same period a year ago. Q3 sales were $642.3 million, up 2.8 percent from a tear ago, though same store sales were off by a percentage point.
• Starbucks announced first quarter earnings of $174 million, up from $145 million in the comparable period a year earlier. Sale for the quarter increased 22 percent to $1.93 billion, up from $1.59 billion in the comparable period last year.
The company reported that its annual sales were $2.2 billion, up six percent from a year earlier, with same-store sales four percent. Net income for the year was $63.4 million, up 10.9 percent.
• Spartan Stores reported third quarter earnings of $4.8 million, down from $5.8 million during the same period a year ago. Q3 sales were $642.3 million, up 2.8 percent from a tear ago, though same store sales were off by a percentage point.
• Starbucks announced first quarter earnings of $174 million, up from $145 million in the comparable period a year earlier. Sale for the quarter increased 22 percent to $1.93 billion, up from $1.59 billion in the comparable period last year.
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