Weis Markets Earnings Reports

Weis Markets reported a 1.2% increase in net sales for the fourth quarter of 2024, totaling $1.23 billion. Net income increased by 69.0% to $34.68 million, with earnings per share at $1.29. Comparable store sales excluding fuel rose by 1.1%.

Weis Markets reported a net sales increase of 2.2% to $1.19 billion and a net income increase of 11.3% to $25.84 million for the third quarter of 2024. Comparable store sales excluding fuel increased by 3.0%.

Weis Markets reported net sales of $1.18 billion for the second quarter of 2024, a 0.2 percent increase compared to the same period in 2023. The company's net income totaled $26.26 million, down 23.4 percent from $34.27 million in the previous year, with earnings per share at $0.98 compared to $1.27 in 2023.

Weis Markets reported a decrease in net sales and net income for the fourth quarter of 2023 compared to the previous year. Net sales totaled $1.21 billion, a 7.1% decrease from $1.31 billion in 2022. Net income was $20.52 million, down 28.9% from $28.88 million in the prior year.

Weis Markets reported a slight increase in net sales for the third quarter of 2023, with comparable store sales also showing a modest rise. However, net income and earnings per share decreased compared to the same period in the previous year.

Weis Markets reported a 3.8% increase in net sales, reaching $1.18 billion, but experienced a 5.5% decrease in net income, totaling $34.27 million, with earnings per share at $1.27.

Weis Markets reported a 3.7% increase in net sales, totaling $1.14 billion for the first quarter of 2023. However, net income decreased by 17.8% to $25.81 million, with earnings per share at $0.96, compared to $1.17 in the previous year. The company's comparable store sales increased by 3.1%.

Weis Markets reported an 18.0% increase in net sales for the fourth quarter of 2022, totaling $1.31 billion, compared to $1.11 billion for the same period in 2021. The company's fourth quarter comparable store sales increased by 9.5%. Net income for the quarter was $28.88 million, up 27.7% from $22.61 million in the previous year.

Weis Markets reported an increase in net sales and comparable store sales for the third quarter of 2022. Net sales totaled $1.15 billion, an 8.2% increase compared to the same period in 2021. Comparable store sales increased by 7.9%. Net income increased slightly to $28.66 million, with earnings per share rising to $1.07.

Weis Markets reported strong second-quarter results with an 8.4 percent increase in both net sales and comparable store sales, as well as an 8.3 percent increase in net income.

Weis Markets reported a strong first quarter in 2022, with a 9.7 percent increase in net sales, reaching $1.1 billion, and a 29.4 percent increase in net income, totaling $31.4 million. Comparable store sales increased by 9.4 percent.

Weis Markets reported an 8.0% increase in net sales for the fourth quarter of 2021, totaling $1.1 billion. Comparable store sales increased by 6.9%. The company's net income for the quarter was $22.6 million, up 16.4% from 2020, with earnings per share at $0.84.

Weis Markets reported a net sales increase of 6.1 percent to $1.1 billion for the third quarter of 2021, with a comparable store sales increase of 4.6 percent. However, net income decreased by 9.0 percent to $28.5 million, with earnings per share totaling $1.06.

Weis Markets reported a decrease in net sales by 4.7% to $1.0 billion for the second quarter of 2021, compared to $1.1 billion for the same period in 2020. The company's net income decreased by 19.3% to $33.5 million, with earnings per share totaling $1.24, compared to $1.54 per share for the same period in 2020.

Weis Markets reported a 2.1% increase in sales to $1.0 billion, but net income decreased by 9.1% to $24.3 million and earnings per share decreased to $0.90.

Weis Markets reported a 13.7% increase in sales for the fourth quarter of 2020, reaching $1.0 billion. Net income increased by 2.8% to $19.4 million, with earnings per share rising to $0.73. The company's performance was bolstered by a 14.1% increase in comparable store sales.

Weis Markets reported a strong third quarter with a 14.4% increase in sales, reaching $1.0 billion. Net income also saw a significant increase of 118.8% to $31.3 million, with earnings per share at $1.16.

Weis Markets reported a strong second quarter with a 23.7% increase in sales and a 102.5% increase in net income, driven by the shift of food service demand to food retail due to the coronavirus pandemic.

Weis Markets reported a 12.4% increase in sales to $985.8 million and an 86.6% increase in net income to $26.7 million for the first quarter of 2020. The results were significantly impacted by the onset of the COVID-19 pandemic, which led to a surge in customer count and sales.

Weis Markets reported a 1.1% increase in sales and a 42.6% increase in net income for the fourth quarter of 2019. The company's performance was driven by targeted holiday promotions and improvements in store-level efficiencies and price optimization.