WEIS MARKETS REPORTS THIRD QUARTER 2025 RESULTS

Core Insights - Weis Markets, Inc. reported a 4.4% increase in net sales for the third quarter of 2025, totaling $1.24 billion compared to $1.19 billion in the same period of 2024 [3][4] - The company's net income for the third quarter decreased by 29.4% to $18.23 million, down from $25.84 million in 2024 [4][6] - The company declared a quarterly cash dividend of $0.34 per share, payable on November 24, 2025 [7][13] Third Quarter 2025 Results - Comparable store sales excluding fuel increased by 2.5% year-over-year and 5.5% on a two-year stacked basis [3][12] - Gross profit on sales for the third quarter was $308.69 million, compared to $295.02 million in 2024 [10] - Earnings per share for the third quarter were $0.74, down from $0.96 in the same period last year [4][10] Year-To-Date 2025 Results - Year-to-date net sales reached $3.66 billion, a 2.9% increase from $3.56 billion in 2024 [5][6] - Year-to-date net income totaled $65.24 million, a decrease of 13.3% from $75.26 million in 2024 [6][10] - Year-to-date earnings per share were $2.51, down from $2.80 in the same period last year [6][10] Management Commentary - The CEO emphasized the importance of customer engagement and operational excellence in driving net sales and gross profits despite macroeconomic challenges [2] - The company is focused on prudent cost management and significant investments in associates, technologies, and facilities to enhance efficiencies and customer experience [2]