Weis Markets(US:WMK)2025-11-04 21:30Financial Performance - Weis Markets reported third quarter net sales of $1.24 billion, an increase of 4.4% compared to $1.19 billion in the same period of 2024[4] - The company's third quarter net income was $18.23 million, down 29.4% from $25.84 million in 2024[5] - Year-to-date net sales reached $3.66 billion, up 2.9% from $3.56 billion in the same period of 2024[6] - Year-to-date net income totaled $65.24 million, a decrease of 13.3% compared to $75.26 million in 2024[7] - The third quarter earnings per share were $0.74, down from $0.96 per share in the same period of 2024[5] Comparable Store Sales - Comparable store sales excluding fuel increased by 2.5% year-over-year and 5.5% on a two-year stacked basis[4] - Year-to-date comparable store sales excluding fuel increased by 1.9% year-over-year and 4.1% on a two-year stacked basis[6] Dividends - The company declared a quarterly cash dividend of $0.34 per share, payable on November 24, 2025[8] Operational Focus - The company emphasized investments in associates, technologies, and facilities to enhance operational efficiency and customer experience[3] - The company faced challenges due to cautious consumer spending and macroeconomic uncertainty[3]