Counting Cash: How Much Does Weis Markets Make In A Day?
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| Weis Markets | Revenue 💲 | Profit 💰 |
|---|---|---|
| 💵 Per Year | $4,696,950,000.00 | $103,828,000.00 |
| 💵 Per Day | $12,868,356.16 | $284,460.27 |
| 💵 Per Hour | $536,181.51 | $11,852.51 |
| 💵 Per Second | $148.94 | $3.29 |
Founded in 1912, Weis Markets has grown to become one of the most recognized names in the grocery industry. As a publicly-traded company, it’s interesting to delve into their financials and uncover how much this supermarket giant makes in a day. So, let’s peel back the layers and look at some intriguing numbers.
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How much does Weis Markets Make In A Day?
According to the most recent data, spanning from December 31, 2022, to December 31, 2023, Weis Markets generates a whopping $12,868,356.16 in daily revenue. That’s a substantial number, but it’s important to understand that revenue doesn’t equal profit. Revenue is the total amount of money the company brings in from its business activities, while net income, or profit, is what remains after all costs, taxes, and expenses have been deducted.
When we distill this down to an hourly basis, the numbers remain equally impressive. Weis Markets racks up an hourly revenue of $536,181.51 and a net income of $11,852.51 per hour. That means, for every second of the day, Weis Markets is generating about $148.94 in revenue and roughly $3.29 in net income. These numbers illustrate the substantial scale and success of Weis Markets’ operations.
Over the course of this one-year period, Weis Markets has a total revenue of $4,696,950,000.00 and a total net income of $103,828,000.00. These figures demonstrate the company’s robust financial health and its ability to generate significant profits year after year.
Dishing Up the Final Tidbits
In summary, Weis Markets, with its daily revenue of over twelve million dollars and substantial net income, showcases the financial strength of this grocery industry powerhouse. The understanding of the difference between revenue and net income is crucial when analyzing a company’s financial health. It’s not just about the money coming in; it’s about what’s left after expenses. With Weis Markets’ impressive daily, hourly, and secondly figures, it’s clear that they’ve mastered the recipe for financial success.
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