WMK
Weis Markets, Inc.66.22
-1.07-1.59%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
1.64BP/E (TTM)
17.43Basic EPS (TTM)
3.80Dividend Yield
0.02%Recent Filings
8-K
2025 revenue up, earnings down
Weis Markets reported fiscal 2025 revenue up 3.5% to $4.96B, with comp store sales excluding fuel rising 2.1%, yet net income fell 11.6% to $93.69M amid cautious spending. Q4 revenue climbed 5.0% to $1.30B, but earnings dipped 5.1% to $31.96M. Restated financials reflect prior inventory overstatements. Quarterly dividend holds at $0.34/share.
10-K
FY2025 results
Weis Markets posted FY2025 net sales of $4.9B, up 3.5% y/y, with comparable store sales excluding fuel rising 2.1%; Q4 drove momentum via pharmacy strength and new stores, though margins held steady at 25.1% amid restatement for overstated meat plant inventory. Operating income fell 10.1% to $113.7M from elevated labor, insurance, and $205M capex for five new/relocated stores, yet operating cash flow climbed to $207M. No buybacks beyond June's $140M related-party deal; steady $1.36/share dividend paid. Material weakness lingers in inventory controls.
8-K
Delays 10-K over inventory overstatement
Weis Markets delayed its 10-K filing for fiscal 2025 ended December 27 due to overstated inventory up to $22 million as of Q3, or 6.7% of inventories and 1.1% of total assets—accumulated over periods. It's restating historical statements, targeting completion by March 12, though delays loom. Preliminary net sales hit $4.96 billion, up 3.5% from $4.79 billion prior year. Inventory errors demand fixes.
8-K
Financials unreliable; $22M inventory error
Weis Markets disclosed on February 19, 2026, that its audited 2024 financials and Q1-Q3 2025 quarterly reports should no longer be relied upon due to overstated inventory at a single meat plant, accumulating to up to $22 million by Q3 2025—6.7% of inventories, 1.1% of total assets. No sales impact. Restatement timing unknown; internal controls under review.
8-K
CEO Weis deal signed
Weis Markets locked in CEO Jonathan H. Weis with a new employment agreement effective January 1, 2026, through 2028, featuring $1.45M base salary and a performance-tied incentive plan linking payouts to net sales and MROIC targets. Payouts vest only through term-end, unless without-cause termination triggers multiples of base up to 5.5x. Retention trumps all.
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