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), a leading Mid-Atlantic grocery retailer with over 160 stores, provides shareholders and industry observers with timely updates through this dedicated news hub. Access official press releases and curated coverage spanning financial results, store expansions, technology implementations, and community initiatives.
This resource serves investors analyzing WMK's market position, vendors tracking partnership opportunities, and customers monitoring service enhancements. Key updates include quarterly earnings disclosures, leadership announcements, sustainability efforts, and operational milestones reflecting the company's customer-first strategy in competitive grocery retail markets.
Regularly updated content covers essential developments across Weis Markets' core operations: fresh food innovations, pharmacy network growth, fuel center developments, and Weis Rewards program enhancements. Users gain insights into management decisions impacting the company's regional dominance and long-term shareholder value.
Bookmark this page for efficient tracking of WMK's strategic direction within the evolving retail landscape. Combine these verified updates with SEC filings and earnings call transcripts for comprehensive investment research.
Weis Markets, Inc. (NYSE: WMK) reported strong financial results for Q3 2022, with net sales of $1.15 billion, up 8.2% year-over-year, and a 7.9% increase in comparable store sales. Year-to-date results show net sales of $3.39 billion, a rise of 8.7% compared to last year. The company declared a 6.3% increase in quarterly cash dividends from $0.32 to $0.34 per share. Net income for Q3 grew to $28.66 million, marking a 0.5% increase, while year-to-date net income rose 11.7% to $96.31 million. Key savings from a recent tax law change contributed positively.
Weis Markets, Inc. (NYSE: WMK) announced a 6.3% increase in its quarterly cash dividend, raising it from $0.32 to $0.34 per share. Shareholders of record as of November 7, 2022, will receive this dividend on November 21, 2022. This follows a previous increase of 3.2% in Q4 2021. The company's ongoing commitment to enhancing shareholder value is evident through this consistent dividend growth.
Weis Markets reported a strong second quarter in 2022, with net sales reaching $1.14 billion, marking an 8.4% increase from the previous year. Comparable store sales also rose 8.4%, while net income grew 8.3% to $36.27 million. Year-to-date, net sales reached $2.24 billion, a 9.0% year-over-year increase, with net income rising by 17.2% to $67.66 million. The company continues to combat inflation impacts through strategic pricing and private brand promotions.
Weis Markets, Inc. (NYSE: WMK) has declared a quarterly dividend of $.32 per share for shareholders of record as of July 25, 2022, with the payment scheduled for August 8, 2022. This announcement reflects the company’s ongoing commitment to returning value to its shareholders.
Weis Markets (WMK) reported a 9.4% increase in comparable store sales for Q1 2022, reflecting strong financial results despite inflationary pressures. Net sales rose to $1.1 billion, a 9.7% increase year-over-year. Net income jumped 29.4% to $31.4 million, with earnings per share at $1.17, up from $0.90 in 2021. The company maintained stable gross profit margins and effectively managed expenses, showcasing the commitment of its associates in a challenging market influenced by the pandemic.
Weis Markets, Inc. (NYSE: WMK) has declared a quarterly dividend of $.32 per share for shareholders of record as of May 9, 2022. The dividend is set to be paid on May 23, 2022. This announcement reflects the company's ongoing commitment to returning value to its shareholders.
Weis Markets, Inc. (NYSE: WMK) reported strong financial results for Q4 and fiscal year 2021, with net sales of $1.1 billion for Q4, up 8.0% year-over-year, and a record $4.2 billion for the full year, a 2.7% increase. Q4 net income rose to $22.6 million (16.4% increase), with EPS at $0.84. However, full-year net income was $108.8 million, down 8.5% from last year. The company invested over $150 million in capital expenditures for growth, including new stores and remodels, positioning itself for future profitability.
Weis Markets, Inc. (NYSE:WMK) announced a quarterly dividend of $.32 per share, payable to shareholders of record by February 14, 2022, with the payment date set for February 28, 2022. The company operates 198 stores in several Mid-Atlantic states including Pennsylvania, Maryland, and Virginia. This dividend declaration reflects the company's commitment to returning value to its shareholders as it continues to expand its market presence.
Weis Markets (NYSE: WMK) reported net sales of $1.1 billion for Q3 2021, reflecting a 6.1% increase year-over-year. However, net income declined to $28.5 million, down 9.0% from $31.3 million in 2020, resulting in earnings per share of $1.06. Year-to-date net sales totaled $3.1 billion, up 1.0%, but net income fell 13.3% to $86.2 million. Despite challenges like labor shortages and supply chain issues, the company plans to boost capital expenditures by 11.1% to $150 million and announced a 3.2% dividend increase.
