WEIS MARKETS REPORTS SECOND QUARTER 2025 RESULTS
Weis Markets (NYSE: WMK) reported its Q2 2025 financial results, with net sales reaching $1.22 billion, up 2.8% from Q2 2024. Adjusted for Easter holiday shift, sales increased 1.6%. The company's Q2 net income rose 1.0% to $26.53 million, with earnings per share of $1.01 compared to $0.98 in 2024.
Year-to-date results showed total revenue of $2.42 billion, a 2.1% increase, while net income decreased 4.9% to $47.00 million. The company declared a quarterly dividend of $0.34 per share. Comparable store sales excluding fuel increased 2.3% in Q2 and 1.7% year-to-date. The company opened a new store in Maryland's Frederick County and plans another opening in Charlotte Hall, MD.
Weis Markets (NYSE: WMK) ha comunicato i risultati finanziari del secondo trimestre 2025, con vendite nette pari a 1,22 miliardi di dollari, in aumento del 2,8% rispetto al secondo trimestre 2024. Corretto per lo spostamento delle festività pasquali, le vendite sono cresciute dell'1,6%. L'utile netto del secondo trimestre è salito dell'1,0% a 26,53 milioni di dollari, con un utile per azione di 1,01 dollari rispetto a 0,98 dollari nel 2024.
I risultati da inizio anno mostrano un ricavo totale di 2,42 miliardi di dollari, con un aumento del 2,1%, mentre l'utile netto è diminuito del 4,9% attestandosi a 47,00 milioni di dollari. L'azienda ha dichiarato un dividendo trimestrale di 0,34 dollari per azione. Le vendite comparabili nei negozi, escluse quelle di carburante, sono aumentate del 2,3% nel secondo trimestre e dell'1,7% da inizio anno. La società ha inaugurato un nuovo punto vendita nella contea di Frederick, Maryland, e prevede un'altra apertura a Charlotte Hall, MD.
Weis Markets (NYSE: WMK) informó sus resultados financieros del segundo trimestre de 2025, con ventas netas que alcanzaron los 1,22 mil millones de dólares, un aumento del 2,8% respecto al segundo trimestre de 2024. Ajustando por el cambio en las vacaciones de Semana Santa, las ventas aumentaron un 1,6%. El ingreso neto del segundo trimestre creció un 1,0% hasta 26,53 millones de dólares, con ganancias por acción de 1,01 dólares frente a 0,98 dólares en 2024.
Los resultados acumulados mostraron un ingreso total de 2,42 mil millones de dólares, un incremento del 2,1%, mientras que el ingreso neto disminuyó un 4,9% hasta 47,00 millones de dólares. La compañía declaró un dividendo trimestral de 0,34 dólares por acción. Las ventas comparables en tiendas, excluyendo combustible, aumentaron un 2,3% en el segundo trimestre y un 1,7% en lo que va del año. La empresa abrió una nueva tienda en el condado de Frederick, Maryland, y planea otra apertura en Charlotte Hall, MD.
Weis Markets (NYSE: WMK)가 2025년 2분기 재무 실적을 발표했으며, 순매출은 12억 2천만 달러에 달해 2024년 2분기 대비 2.8% 증가했습니다. 부활절 휴일 이동을 감안하면 매출은 1.6% 증가했습니다. 회사의 2분기 순이익은 1.0% 증가한 2,653만 달러로, 주당순이익은 1.01달러로 2024년의 0.98달러에 비해 상승했습니다.
연초부터의 실적은 총 매출 24억 2천만 달러로 2.1% 증가했으나 순이익은 4.9% 감소한 4,700만 달러를 기록했습니다. 회사는 주당 0.34달러의 분기 배당금을 선언했습니다. 연료를 제외한 비교 매장 매출은 2분기에 2.3%, 연초부터는 1.7% 증가했습니다. 회사는 메릴랜드 프레더릭 카운티에 새 매장을 열었으며, 메릴랜드 찰롯 홀에도 또 다른 매장 개장을 계획 중입니다.
Weis Markets (NYSE : WMK) a publié ses résultats financiers du deuxième trimestre 2025, avec des ventes nettes atteignant 1,22 milliard de dollars, en hausse de 2,8 % par rapport au deuxième trimestre 2024. Ajustées pour le décalage des vacances de Pâques, les ventes ont augmenté de 1,6 %. Le résultat net du deuxième trimestre a progressé de 1,0 % pour atteindre 26,53 millions de dollars, avec un bénéfice par action de 1,01 dollar contre 0,98 dollar en 2024.
Les résultats cumulés depuis le début de l'année montrent un chiffre d'affaires total de 2,42 milliards de dollars, en hausse de 2,1 %, tandis que le résultat net a diminué de 4,9 % pour s'établir à 47,00 millions de dollars. La société a déclaré un dividende trimestriel de 0,34 dollar par action. Les ventes comparables hors carburant ont augmenté de 2,3 % au deuxième trimestre et de 1,7 % depuis le début de l'année. L'entreprise a ouvert un nouveau magasin dans le comté de Frederick, Maryland, et prévoit une autre ouverture à Charlotte Hall, MD.
Weis Markets (NYSE: WMK) meldete seine Finanzergebnisse für das zweite Quartal 2025 mit Nettoverkäufen in Höhe von 1,22 Milliarden US-Dollar, was einem Anstieg von 2,8 % gegenüber dem zweiten Quartal 2024 entspricht. Bereinigt um die Verschiebung der Osterfeiertage stiegen die Verkäufe um 1,6 %. Der Nettoertrag im zweiten Quartal stieg um 1,0 % auf 26,53 Millionen US-Dollar, mit einem Gewinn je Aktie von 1,01 US-Dollar im Vergleich zu 0,98 US-Dollar im Jahr 2024.
Die Ergebnisse seit Jahresbeginn zeigten einen Gesamtumsatz von 2,42 Milliarden US-Dollar, ein Plus von 2,1 %, während der Nettogewinn um 4,9 % auf 47,00 Millionen US-Dollar zurückging. Das Unternehmen erklärte eine vierteljährliche Dividende von 0,34 US-Dollar je Aktie. Die vergleichbaren Umsätze in den Filialen ohne Kraftstoff stiegen im zweiten Quartal um 2,3 % und seit Jahresbeginn um 1,7 %. Das Unternehmen eröffnete ein neues Geschäft im Frederick County, Maryland, und plant eine weitere Eröffnung in Charlotte Hall, MD.
- None.
- Year-to-date net income declined 4.9% to $47.00 million
- Year-to-date EPS decreased to $1.77 from $1.84
- Incurred $1.1 million in pre-tax related party transaction expenses
- Facing market challenges from cautious customer spending
Insights
Weis Markets shows modest growth despite economic challenges, with 1.6% sales increase and stable profits amid strategic expansion.
Weis Markets reported Q2 2025 results showing modest but steady performance in a challenging retail environment. Net sales reached
Comparable store sales excluding fuel increased by
The year-to-date picture shows some pressure on profitability, with net income down
Strategically, Weis is continuing geographic expansion with a new store in Maryland's Frederick County and another planned opening in Charlotte Hall, MD. The consistent quarterly dividend of
The overall picture is one of a company navigating economic headwinds with a careful balance of price investments, controlled expansion, and shareholder returns, though with some pressure on bottom-line results.
Company's second quarter net sales, adjusted for Easter holiday shift, increased 1.6 percent
"Our second quarter 2025 results, adjusted for the financial impact of the year-over-year Easter holiday shift and related party share purchase agreement transaction, are in line with our expectations during a time of continuing market changes and macroeconomic uncertainty," said Weis Markets, Inc. Chairman, President, and CEO Jonathan H. Weis. "We continue to make significant price investments in a market impacted by cautious customer spending. During the quarter, we opened a new store in a growing part of
Mr. Weis said, "We are grateful for the hard work and dedication of our retail store, supply chain, manufacturing, and support center associates who serve our customers and support our communities each day which makes our Company's long-term growth and success possible."
Second Quarter 2025 Results
Net sales and other revenue totaled
The Company's second quarter net income totaled
Year-To-Date 2025 Results
Net sales and other revenue totaled
The Company's year-to-date net income totaled
Quarterly Cash Dividend
The Weis Markets, Inc. Board of Directors declared on July 17, 2025, a quarterly cash dividend of
About Weis Markets
Founded in 1912, Weis Markets, Inc. is a Mid Atlantic food retailer operating 199 stores in
In addition to historical information, this news release may contain forward-looking statements, which are included pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Any forward-looking statements contained herein are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. For example, risks and uncertainties can arise with changes in: general economic conditions, including their impact on capital expenditures; tariffs and trade policies; business conditions and trends in the retail industry; the regulatory environment; rapidly changing technology, including cybersecurity and data privacy risks, and competitive factors, including increased competition with regional and national retailers; and price pressures. Readers are cautioned not to place undue reliance on forward-looking statements, which reflect Management's analysis only as of the date hereof. The Company undertakes no obligation to publicly revise or update these forward-looking statements to reflect events or circumstances that arise after the date hereof. Readers should carefully review the risk factors described in other documents the Company files periodically with the Securities and Exchange Commission. Management is also providing a two-year stacked comparable store sales analysis, a non-GAAP measure, because Management believes this metric is useful to investors and analysts. It is not recommended that the two-year-stacked analysis be considered a substitute for the Company's operating results as reported in accordance with GAAP.
WEIS MARKETS, INC. CONDENSED CONSOLIDATED STATEMENTS OF INCOME | |||||||||||||
Second Quarter – 2025 (Unaudited) | |||||||||||||
13 Weeks Ended | 26 Weeks Ended | ||||||||||||
(amounts in thousands, except shares and per share amounts) | June 28, 2025 | June 29, 2024 | June 28, 2025 | June 29, 2024 | |||||||||
Net sales | $ | 1,214,479 | $ | 1,181,456 | $ | 2,411,284 | $ | 2,360,370 | |||||
Other revenue | 4,317 | 4,263 | 8,288 | 8,300 | |||||||||
Total revenue | 1,218,796 | 1,185,719 | 2,419,572 | 2,368,670 | |||||||||
Cost of sales, including advertising, warehousing and | 910,431 | 886,695 | 1,811,706 | 1,774,636 | |||||||||
Gross profit on sales | 308,365 | 299,024 | 607,866 | 594,034 | |||||||||
Operating, general and administrative expenses | 276,428 | 266,535 | 552,894 | 534,182 | |||||||||
Income from operations | 31,937 | 32,489 | 54,972 | 59,852 | |||||||||
Investment income (loss) and interest expense | 5,294 | 4,062 | 9,705 | 9,613 | |||||||||
Other income (expense) | (2,163) | (407) | (1,805) | (1,808) | |||||||||
Income before provision for income taxes | 35,068 | 36,144 | 62,872 | 67,657 | |||||||||
Provision for income taxes | 8,541 | 9,885 | 15,868 | 18,233 | |||||||||
Net income | $ | 26,526 | $ | 26,259 | $ | 47,004 | $ | 49,424 | |||||
Weighted-average shares outstanding, basic and diluted | 26,354,064 | 26,898,443 | 26,626,254 | 26,898,443 | |||||||||
Cash dividends per share | $ | 0.34 | $ | 0.34 | $ | 0.68 | $ | 0.68 | |||||
Basic and diluted earnings per share | $ | 1.01 | $ | 0.98 | $ | 1.77 | $ | 1.84 | |||||
WEIS MARKETS, INC. INDIVIDUAL YEAR-OVER-YEAR ANALYSIS OF SALES | ||||||
Second Quarter – 2025 (Unaudited) | ||||||
Percentage Change | ||||||
2025 vs. 2024 | ||||||
June 28, 2025 | 13 Weeks Ended | 26 Weeks Ended | ||||
Net sales | 2.8 | % | 2.2 | % | ||
Net sales, excluding fuel | 3.2 | 2.3 | ||||
Net sales, adjusted for Easter shift | 1.6 | |||||
Comparable store sales (individual year) | 1.8 | 1.4 | ||||
Comparable store sales, excluding fuel (individual year) | 2.3 | 1.7 | ||||
Comparable store sales, adjusted for Easter shift (individual year) | 0.6 | |||||
WEIS MARKETS, INC. TWO-YEAR STACKED COMPARABLE STORE SALES | |||||||
Second Quarter – 2025 (Unaudited) | |||||||
Percentage Change | |||||||
13 Weeks Ended | |||||||
June 28, 2025 | 2025 vs. 2024 | 2024 vs. 2023 | |||||
Comparable store sales (individual year) | 1.8 | % | 0.5 | % | |||
Comparable store sales (two-year stacked) | 2.3 | ||||||
Comparable store sales, excluding fuel (individual year) | 2.3 | 0.3 | % | ||||
Comparable store sales, excluding fuel (two-year stacked) | 2.6 | ||||||
Comparable store sales, adjusted for Easter shift (individual year) | 0.6 | % | |||||
Percentage Change | |||||||
26 Weeks Ended | |||||||
June 28, 2025 | 2025 vs. 2024 | 2024 vs. 2023 | |||||
Comparable store sales (individual year) | 1.4 | % | 1.8 | % | |||
Comparable store sales (two-year stacked) | 3.2 | ||||||
Comparable store sales, excluding fuel (individual year) | 1.7 | 1.8 | % | ||||
Comparable store sales, excluding fuel (two-year stacked) | 3.5 | ||||||
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SOURCE Weis Markets
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