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Weis Markets Q1 Earnings Up 82%
A day after news to extend its 90-day price freeze on 3,000 of its staple items for the next 90 days, Weis Markets, Inc.’s first-quarter net income surged 82 percent to $16.5 million vs. the same period a year ago. Further, the Sunbury, Pa.-based chain’s basic and diluted earnings per share increased 27 cents to 61 cents per share.