Weis Markets(US:WMK)2025-02-25 21:31Financial Performance - Fiscal Year 2024 net sales totaled $4.77 billion, an increase of 1.6% compared to $4.70 billion in 2023[6] - Fourth Quarter 2024 net sales reached $1.23 billion, up 1.2% from $1.21 billion in the same period of 2023[4] - Fiscal Year 2024 net income was $109.94 million, a 5.9% increase from $103.83 million in 2023[7] - Fourth Quarter 2024 net income totaled $34.68 million, representing a 69.0% increase compared to $20.52 million in 2023[5] - Earnings per share for Fiscal Year 2024 were $4.09, up from $3.86 in 2023[7] Sales Growth - E-commerce sales increased by 46% in 2024, contributing to overall sales growth[3] - Comparable store sales excluding fuel for Fiscal Year 2024 rose by 1.9% year-over-year and 4.2% on a two-year stacked basis[6] Store Development - The company completed 12 major store development projects and began construction on four new stores in growing markets[3] Dividends - A quarterly cash dividend of $0.34 per share was declared, payable on March 4, 2025[8] Technology Integration - The company integrated technology to improve efficiencies and manage expenses while enhancing customer experience[3]