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Weis Markets(WMK) - 2024 Q2 - Quarterly Results
2024-08-06 21:04
Financial Performance - Second quarter net sales totaled $1.18 billion, a slight increase of 0.2% compared to the same period in 2023[2] - Comparable store sales for the second quarter increased 1.7% when adjusted for the Easter holiday shift, and 0.5% on a year-over-year basis[10] - Year-to-date net sales reached $2.36 billion, up 1.6% from $2.32 billion in the same period of 2023[3] - Second quarter net income decreased by 23.4% to $26.26 million, down from $34.27 million in 2023[2] - Year-to-date net income totaled $49.42 million, a decline of 17.7% compared to $60.08 million in 2023[3] - Second quarter earnings per share were $0.98, down from $1.27 per share in 2023[2] - Year-to-date earnings per share decreased to $1.84 from $2.23 in the same period of 2023[3] Pricing and Promotions - The company increased price investments by lowering prices on 600 high-demand dairy items as part of its Low, Low, Price program[1] - The Weis Rewards loyalty marketing program has been enhanced to offer more fuel and retail product savings[1] Operational Focus - The company continues to focus on operational efficiencies and cost management discipline amid a challenging market environment[1]
WEIS MARKETS REPORTS SECOND QUARTER 2024 RESULTS
Prnewswire· 2024-08-06 21:00
Company's second quarter comparable store sales, adjusted for Easter shift, increased 1.7 percent. SUNBURY, Pa., Aug. 6, 2024 /PRNewswire/ -- Weis Markets, Inc. (NYSE: WMK) today reported its financial results for the 13-week second quarter and 26-week year-to-date period ended June 29, 2024. "Our second quarter 2024 results, which were negatively impacted by the Easter holiday shift, are in line with our expectations despite an extremely challenging market environment marked by continuing customer caution, ...
WEIS MARKETS ANNOUNCES QUARTERLY DIVIDEND
Prnewswire· 2024-07-18 21:00
SUNBURY, Pa., July 18, 2024 /PRNewswire/ -- Weis Markets, Inc.'s (NYSE: WMK) Board of Directors today declared a quarterly dividend of $0.34 per share to shareholders of record as of July 29, 2024 payable on August 12, 2024. SOURCE Weis Markets About Weis Markets Founded in 1912, Weis Markets, Inc. is a Mid-Atlantic food retailer operating 196 stores in Pennsylvania, Maryland, Delaware, New Jersey, New York, Virginia and West Virginia. For more information, please visit: WeisMarkets.com or Facebook.com/Weis ...
Weis Markets(WMK) - 2023 Q4 - Annual Report
2024-02-28 20:55
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) [X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 30, 2023 OR [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________to_________ Commission File Number 1-5039 WEIS MARKETS, INC. (Exact name of registrant as specified in its charter) Pennsylvania (S ...
Weis Markets(WMK) - 2023 Q4 - Annual Results
2024-02-27 22:00
Exhibit 99.1 NEWS RELEASE FOR IMMEDIATE RELEASE Contact: Dennis Curtin Weis Markets, Inc. 570-847-3636 dennis.curtin@weismarkets.com WEIS MARKETS REPORTS FOURTH QUARTER AND FISCAL YEAR 2023 RESULTS Company's fiscal year 2023 comparable store sales, adjusted for an additional week in 2022 and excluding fuel, increased 2.3 percent Sunbury, PA (February 27, 2024) – Weis Markets, Inc. (NYSE: WMK) today reported its financial results for the 13-week fourth quarter and the 52-week fiscal year period ended Decembe ...
Weis Markets(WMK) - 2023 Q3 - Quarterly Report
2023-11-09 19:20
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 or [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________to_________ Commission File Number 1-5039 WEIS MARKETS, INC. (Exact name of registrant as specified in its charter) Pennsylvania 24-0755415 ...
Weis Markets(WMK) - 2022 Q4 - Annual Report
2023-03-01 19:25
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) [X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________to_________ Commission File Number 1-5039 WEIS MARKETS, INC. (Exact name of registrant as specified in its charter) Pennsylvania (S ...
Weis Markets(WMK) - 2021 Q4 - Annual Report
2022-03-10 20:21
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) [X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 25, 2021 OR [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________to_________ Commission File Number 1-5039 WEIS MARKETS, INC. (Exact name of registrant as specified in its charter) Pennsylvania (S ...
Weis Markets(WMK) - 2020 Q4 - Annual Report
2021-03-11 16:15
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) [X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 26, 2020 OR Pennsylvania (State or other jurisdiction of incorporation or organization) 1000 S. Second Street P. O. Box 471 Sunbury, Pennsylvania (Address of principal executive offices) For the transition period from __________to_________ Commission File Number 1-5039 24-0755415 (I.R.S. Employ ...
Weis Markets(WMK) - 2019 Q4 - Annual Report
2020-03-12 18:18
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) [X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 28, 2019 OR [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________to_________ Commission File Number 1-5039 WEIS MARKETS, INC. (Exact name of registrant as specified in its charter) PENNSYLVANIA (State or other juri ...