Weis Markets, Inc. (WMK)
Market Cap | 1.86B |
Revenue (ttm) | 4.76B |
Net Income (ttm) | 95.79M |
Shares Out | 26.90M |
EPS (ttm) | 3.56 |
PE Ratio | 19.41 |
Forward PE | n/a |
Dividend | $1.36 (1.97%) |
Ex-Dividend Date | Nov 12, 2024 |
Volume | 107,426 |
Open | 69.73 |
Previous Close | 70.23 |
Day's Range | 68.77 - 70.66 |
52-Week Range | 58.87 - 76.62 |
Beta | 0.50 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Nov 5, 2024 |
About WMK
Weis Markets, Inc. engages in the retail sale of food through a chain of supermarkets in Pennsylvania and surrounding states. The company's retail food stores sell groceries, dairy products, frozen foods, meats, seafood, fresh produce, floral, pharmacy services, deli products, prepared foods, bakery products, beer and wine, and fuel; and general merchandise items, such as health and beauty care, and household products. It operates stores in Delaware, Maryland, New Jersey, New York, Pennsylvania, Virginia, and West Virginia primarily under the W... [Read more]
Financial Performance
In 2023, Weis Markets's revenue was $4.70 billion, an increase of 0.02% compared to the previous year's $4.70 billion. Earnings were $103.83 million, a decrease of -17.07%.
Financial StatementsNews
Weis Markets: Still 'Steady As She Goes'
Weis Markets has a strong balance sheet with cash and marketable securities roughly equal to current liabilities, and no long-term debt. The company strategically opens more stores than it closes over...
WEIS MARKETS REPORTS THIRD QUARTER 2024 RESULTS
Company's third quarter comparable store sales excluding fuel increased 3.0 percent SUNBURY, Pa. , Nov. 5, 2024 /PRNewswire/ -- Weis Markets, Inc. (NYSE: WMK) today reported its financial results for ...
WEIS MARKETS ANNOUNCES QUARTERLY DIVIDEND
SUNBURY, Pa. , Oct. 31, 2024 /PRNewswire/ -- Weis Markets, Inc.'s (NYSE:WMK) Board of Directors today declared a quarterly dividend of $0.34 per share to shareholders of record as of November 12, 2024...
WEIS MARKETS REPORTS SECOND QUARTER 2024 RESULTS
Company's second quarter comparable store sales, adjusted for Easter shift, increased 1.7 percent. SUNBURY, Pa.
WEIS MARKETS REPORTS FIRST QUARTER 2024 RESULTS
Company's first quarter comparable store sales excluding fuel increased 3.3 percent SUNBURY, Pa. , May 8, 2024 /PRNewswire/ -- Weis Markets, Inc. (NYSE: WMK) today reported its financial results for t...
WEIS MARKETS REPORTS FOURTH QUARTER AND FISCAL YEAR 2023 RESULTS
Company's fiscal year 2023 comparable store sales, adjusted for an additional week in 2022 and excluding fuel, increased 2.3 percent SUNBURY, Pa. , Feb. 27, 2024 /PRNewswire/ -- Weis Markets, Inc. (NY...
WEIS MARKETS REPORTS THIRD QUARTER 2023 RESULTS
Company's third quarter comparable store sales increased 0.8 percent (year-over-year) and increased 8.7 percent (two-year stacked) SUNBURY, Pa. , Nov. 6, 2023 /PRNewswire/ -- Weis Markets, Inc. (NYSE:...
Weis Markets: Still Chugging Along
Weis Markets, Inc. is considered one of the safest investments in the grocery industry due to its strong balance sheet and relatively high cash and marketable securities balance. The company's "steady...
WEIS MARKETS REPORTS SECOND QUARTER 2023 RESULTS
Company's second quarter comparable store sales increased 3.5 percent SUNBURY, Pa. , Aug. 7, 2023 /PRNewswire/ --Weis Markets, Inc. (NYSE: WMK) today reported its financial results for the 13-week sec...
Weis Markets: 3 Reasons Not To Buy Into This Down Move
Weis recently reported its fiscal Q1-2023 numbers where net profit fell by almost 18%. Higher costs is putting pressure on the financials and the market does not know when this trend will end.
WEIS MARKETS REPORTS FIRST QUARTER 2023 RESULTS
Company's first quarter comparable store sales increased 3.1 percent SUNBURY, Pa. , May 8, 2023 /PRNewswire/ -- Weis Markets, Inc. (NYSE: WMK) today reported its financial results for the 13-week firs...
Top 3 Risk Off Stocks Could Blast Off This Quarter - Sendas Distribuidora (NYSE:ASAI), Estee Lauder Cos (NYSE:EL)
The most oversold stocks in the consumer staples sector presents an opportunity to buy into undervalued companies.
WEIS MARKETS ANNOUNCES 2023 GROWTH PLAN AT ANNUAL SHAREHOLDER MEETING
Company plans to invest more than $160 million in Cap-Ex program SUNBURY, Pa. , April 27, 2023 /PRNewswire/ -- Weis Markets, Inc. (NYSE:WMK) Chairman, President and Chief Executive Officer Jonathan H.
WEIS MARKETS REPORTS FOURTH QUARTER AND FISCAL YEAR 2022 RESULTS
Company's fourth quarter comparable store sales increased 9.5 percent SUNBURY, Pa. , Feb. 27, 2023 /PRNewswire/ -- Weis Markets, Inc. (NYSE: WMK) today reported its financial results for the 14-week f...
Weis Markets: Cyclical Growth, A Reason To Rate Hold
Weis Markets, Inc. revenue and profit growth are cyclical and have plateaued. Even though the Inventory Turnover Ratio is trending upward, it is lower compared to its peers.
WEIS MARKETS REPORTS THIRD QUARTER 2022 RESULTS
Company's third quarter comparable store sales increased 7.9 percent SUNBURY, Pa. , Oct. 31, 2022 /PRNewswire/ -- Weis Markets, Inc. (NYSE: WMK) today reported its financial results for the 13-week th...
Weis Markets: Balance Sheet Trends Point To Further Gains
Shares have been on a tear for the past 30 months now. Although shares look stretched above support and short interest has remained above 10%, do not wait for a pullback.
WEIS MARKETS REPORTS SECOND QUARTER 2022 RESULTS
Company's second quarter comparable store sales increased 8.4 percent; net income up 8.3 percent SUNBURY, Pa. , Aug. 1, 2022 /PRNewswire/ -- Weis Markets, Inc. (NYSE: WMK) today reported its financial...
Weis Markets: Underbought Long And Overborrowed Short
Weis Markets is a century-old, family-controlled food retailer with a chain of stores throughout several U.S. Mid-Atlantic states. Management leverages the customarily thin retail margins with zero de...
Weis Markets Inc. - Still Undervalued By 19.4%
Weis Markets Inc., a grocery store company, operates in a defensive sector, which tend to perform well during economic contractions and recessions. With the recent stock market giving back some of its...
WEIS MARKETS REPORTS FIRST QUARTER 2022 RESULTS
Company's first quarter comparable store sales increased 9.4 percent SUNBURY, Pa. , May 2, 2022 /PRNewswire/ -- Weis Markets, Inc. (NYSE: WMK) today reported its financial results for the 13-week firs...
WEIS MARKETS REPORTS FOURTH QUARTER AND FISCAL YEAR 2021 RESULTS
SUNBURY, Pa., March 7, 2022 /PRNewswire/ -- Weis Markets, Inc. (NYSE: WMK) today reported its financial results for the 13-week fourth quarter and 52-week fiscal year ended December 25, 2021.
Weis Markets Reports Third Quarter Results
SUNBURY, Pa., Nov. 1, 2021 /PRNewswire/ -- Weis Markets, Inc. (NYSE: WMK) today reported its financial results for the thirteen-week period and 39-week period ended September 25, 2021.
Weis Markets Selected Collaborative Solutions to Deploy Workday Financial Management and Workday Human Capital Management
SUNBURY, Pa., Oct. 25, 2021 /PRNewswire/ -- Weis Markets, Inc. (NYSE: WMK) today announced that the company has selected Collaborative Solutions, a Workday services partner, to deploy Workday Financia...