Welcome to our dedicated page for Weis Markets news (Ticker: WMK), a resource for investors and traders seeking the latest updates and insights on Weis Markets stock.
Weis Markets, Inc. (NYSE: WMK) is a Mid-Atlantic food retailer in the supermarket and grocery sector, operating around 200 stores in Pennsylvania, Maryland, Delaware, New Jersey, New York, Virginia and West Virginia. This news page aggregates company-issued announcements and market-moving updates related to Weis Markets’ operations and financial performance.
Visitors can review quarterly and annual earnings releases, where Weis Markets reports net sales, total revenue, net income, earnings per share and comparable store sales metrics, including measures that exclude fuel and two-year stacked comparable store sales. These releases often discuss factors such as cautious consumer spending, macroeconomic conditions, price investments, loyalty marketing programs and the impact of holiday timing on reported results.
The news feed also includes dividend declarations from the Weis Markets Board of Directors, which has repeatedly announced a quarterly cash dividend of $0.34 per share with specified record and payment dates. In addition, readers can find information on capital allocation and governance events, such as the 2025 share purchase agreement in which the company bought more than two million shares of its common stock from trusts affiliated with members of the Weis family, as well as leadership updates like the promotion of a Chief Operating Officer.
Operational updates appear in management commentary and earnings releases, including references to new store openings, store remodels, fuel center projects and capital expenditure programs in Mid-Atlantic markets. For investors, analysts and customers, this page offers a centralized view of Weis Markets’ official communications, helping them follow developments in the company’s supermarket operations and financial reporting over time.
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Weis Markets, Inc. (NYSE: WMK) announced robust financial results for Q4 2022, showing a 9.5% increase in comparable store sales and net sales of $1.31 billion, an 18.0% growth year-over-year. The company's Q4 net income rose to $28.88 million (up 27.7%), with earnings per share at $1.07, compared to $0.84 in 2021. For the fiscal year 2022, net sales reached $4.70 billion, an 11.2% increase. Net income for the year was $125.20 million (up 15.0%), with EPS at $4.65. The Board declared a quarterly dividend of $0.34 per share, payable on February 27, 2023.
Weis Markets, Inc. (NYSE: WMK) announced a quarterly cash dividend of $0.34 per share, set for shareholders of record as of February 13, 2023. The dividend will be payable on February 27, 2023, reflecting the company's ongoing commitment to returning value to its shareholders. Founded in 1912, Weis operates 197 stores across the Mid-Atlantic, including states such as Pennsylvania, Maryland, Delaware, New Jersey, New York, Virginia, and West Virginia.