Weis Markets, Inc.
64.38-1.54 (-2.34%)
Oct 29, 4:00:02 PM EDT · NYSE · WMK · USD
Key Stats
Market Cap
1.59BP/E (TTM)
16.01Basic EPS (TTM)
4.02Dividend Yield
0.02%Recent Filings
10-Q
Q2 FY2025 results
Weis Markets posted solid Q2 revenue growth of 2.8% year-over-year to $1.2B, driven by grocery (81.7% of sales) and pharmacy (13.1%), though fuel dipped amid lower prices; comparable sales rose 1.8% including fuel and 2.3% excluding it, adjusted to 0.6% for the Easter shift. Gross margin edged up to 25.4% from 25.3%, but operating income slipped 1.7% to $31.9M on higher labor and outside services, yielding diluted EPS of $1.01, up 3.1% on fewer shares after a $140M family buyback. YTD, revenue climbed 2.1% to $2.4B while operating income fell 8.2% to $55.0M and EPS dipped 3.8% to $1.77, with EPS reconciling to 26.6M weighted shares. Cash from operations totaled $61.4M, funding $88.3M capex and free cash flow of $26.9M (derived); quarter-end cash sat at $61.9M with $17.4M revolver availability and no long-term debt drawn. The Q1 acquisition of Saylor's Market added $8.0M in sales, recognizing $4.4M goodwill for cost synergies. Tariffs on imports pose risks to supply costs and profitability.
8-K
Q2 sales up 1.6% adjusted
Weis Markets reported Q2 2025 net sales of $1.22 billion, up 2.8% from $1.19 billion last year, though adjusted for the Easter shift, growth slowed to 1.6%. Net income edged up 1.0% to $26.53 million, or $1.01 per share, despite $1.1 million in related-party transaction costs and cautious spending pressures. Comparable store sales excluding fuel rose 2.3%. The company opened a new Maryland store and plans another this summer.
8-K
Weis Markets repurchases family shares
Weis Markets bought back 2,153,846 shares of its common stock for $140 million in cash at about $65 per share from trusts tied to the late Patricia G. Ross Weis, mother of CEO Jonathan H. Weis, on June 6, 2025. A special committee of independent directors negotiated the deal, securing a fairness opinion from Kroll, LLC, while funding came from cash on hand and marketable securities sales. This private transaction trims outstanding shares but leaves the Weis family holding 61% control. No impact on the existing repurchase plan.
10-Q
Q1 FY2025 results
Weis Markets posted solid Q1 FY2025 results with net sales climbing 1.6% year-over-year to $1.2B, fueled by 1.0% comparable store sales growth excluding fuel and pharmacy gains, though the Easter shift tempered the topline. Gross margin held steady at 25.0%, but operating expenses rose 3.3% on higher labor and depreciation, squeezing operating income down 15.8% to $23.0M; diluted EPS fell to $0.76 from $0.86, aligning with 26.9M shares. The $7.5M cash acquisition of Saylor's Market in January added $2.9M in sales and $4.5M goodwill, targeting cost synergies in Cumberland County. Cash dipped to $167.9M amid $4.9M operating cash flow, offset by $33.2M capex, while $169.9M in marketable securities bolsters liquidity alongside $14.5M revolver availability. Free cash flow turned negative at $(28.3M) (derived). Tariffs loom as a supply-chain wildcard.
8-K
Q1 sales up, income dips
Weis Markets reported first-quarter 2025 net sales of $1.20 billion, up 1.6% from $1.18 billion last year, though net income fell 11.6% to $20.48 million amid an uncertain economy. Adjusted for the Easter shift, sales rose 2.7%, with comparable store sales excluding fuel up 1.0% year-over-year and 4.3% on a two-year stack. The board declared a $0.34 quarterly dividend, payable May 27. Expansion continues with four new stores planned by early 2026.
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