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) announced a quarterly dividend of $.32 per share. Shareholders of record will receive the dividend on November 22, 2021, following the cutoff date of November 8, 2021. As a Mid-Atlantic food retailer, Weis operates 197 stores across several states including Pennsylvania, Maryland, and New York. The company continues to demonstrate its commitment to returning value to shareholders through consistent dividend payments.
Weis Markets, Inc. (NYSE: WMK) announced the selection of Collaborative Solutions to implement Workday Financial Management and Workday Human Capital Management systems. This partnership aims to enhance operational efficiency in finance and HR processes, allowing teams to focus on strategic initiatives. Key benefits include improved decision-making capabilities, real-time financial insights, and enhanced employee experience, ultimately supporting business growth. The collaboration is expected to drive future business value and agility as Weis adapts to changing consumer demands.
Weis Markets, Inc. (NYSE: WMK) reported Q2 2021 net sales of $1.0 billion, a 4.7% decrease from $1.1 billion in Q2 2020. Comparable store sales dropped 5.8% year-over-year, but rose 18.3% on a two-year basis. Net income fell to $33.5 million (down 19.3% from $41.5 million in 2020), with earnings per share at $1.24 versus $1.54 previously. Year-to-date sales were $2.1 billion, down 1.5%. The company plans to invest through a $135 million capital expenditure program, including new store openings in Pennsylvania.
Weis Markets, Inc. (NYSE:WMK) announced a quarterly dividend of $.31 per share, with shareholders of record as of July 26, 2021. The dividend will be payable on August 9, 2021. This decision reflects the company’s ongoing commitment to returning value to its shareholders in a competitive Mid-Atlantic food retail market.
Weis Markets, Inc. (NYSE: WMK) reported a 2.1% increase in sales to $1.0 billion for the thirteen weeks ending March 27, 2021, compared to 2020. However, net income fell 9.1% to $24.3 million, with earnings per share at $0.90. Notably, sales were up 14.8% and net income up 69.6% compared to pre-pandemic levels in Q1 2019. The report reflects ongoing challenges from COVID-19, yet management remains positive about the company’s positioning as a food retailer.
Weis Markets, Inc. (NYSE:WMK) plans to invest $135 million in growth initiatives throughout 2021, as announced by CEO Jonathan H. Weis during the annual shareholder meeting in Sunbury, PA. The investment will focus on new stores, remodels, fuel centers, and IT upgrades. Recent achievements include a new store opening in Martinsburg, WV and the remodeling of a store in Gap, PA. The company's FY 2020 results showed a 16.1% increase in sales to $4.1 billion and a 74.9% surge in net income to $118.9 million.
Weis Markets, Inc. (NYSE:WMK) has announced a quarterly dividend of $.31 per share for shareholders of record as of May 10, 2021, payable on May 24, 2021. This reflects the company's commitment to returning value to its shareholders. Weis Markets operates 198 stores across the Mid-Atlantic region, including states like Pennsylvania, Maryland, and New York. Investors can find more information on their operations and performance at WeisMarkets.com.
Weis Markets, Inc. (WMK) reported total sales exceeding $4.1 billion for the fiscal year ending December 26, 2020, marking a 16.1% increase year-over-year. Comparable store sales rose 16.4%. Operating income surged by 92.8% to $163.2 million, and net income rose 74.9% to $118.9 million. Earnings per share increased to $4.42. The company attributed its success to enhanced e-commerce, increased in-home meal consumption during the pandemic, and strong performance in fresh departments. Fourth quarter sales grew by 13.7% to $1.0 billion, with net income slightly increasing by 2.8% to $19.4 million.
Weis Markets, Inc. (NYSE:WMK) has announced a quarterly dividend of $.31 per share. Shareholders of record as of February 16, 2021 will receive this dividend, which is payable on March 2, 2021. This decision reflects the company's commitment to providing value to its investors while continuing to operate its network of 197 stores across several Mid-Atlantic states, including Pennsylvania, Maryland, and Virginia.
Weis Markets (NYSE:WMK) announced the appointment of Michael T. Lockard as the new Senior Vice President and Chief Financial Officer (CFO), effective March 12. He will succeed Scott Frost, who is retiring after a 42-year career with the company. Lockard brings over 25 years of experience in retail and finance, focusing on strategic planning and financial management. His role will involve overseeing the company's accounting and financial functions. Chairman Jonathan Weis expressed confidence in Lockard's capabilities to contribute to Weis Markets' future success.
