Weis Markets, Inc. announced a capital budget of $102.8 million in 2010, a 27% increase over last year. Weis Markets records 5.2% profit rise in Quarter 1. Sunbury, Pa. (April 13, 2010) Weis Markets reported Tuesday that the grocer recorded an increase in net earnings of 5.2%, from $16.5 million a year earlier to $17.4 million. For the quarter ended March 27, the company's sales increased 9.6% to $664.3 million, compared with $606.2 million for the same period in 2009. They cut payroll in half even though sales increased. That is their... read full review »