Stock events for Weis Markets, Inc. (WMK)
In the past six months, Weis Markets stock has been impacted by insider selling, with Patricia R. Weis Marital Trust and Patricia Ross Weis selling shares as part of a private transaction where Weis Markets purchased shares to satisfy estate tax obligations. The company reported its second-quarter 2025 financial results with a net sales increase of 2.8% and a net income increase of 1.0%. The company also announced a quarterly dividend of $0.34 per share. Earlier, Weis Markets reported its first-quarter 2025 results, with net sales increasing 2.7%, though net income declined by 11.6%.
Demand Seasonality affecting Weis Markets, Inc.’s stock price
The majority of Weis Markets' revenues are generally not seasonal in nature. However, the timing of holidays can influence quarterly sales figures. The shift of the Easter holiday impacted the reported net sales for Q1 and Q2 2025, with adjusted sales figures provided to account for this shift.
Overview of Weis Markets, Inc.’s business
Weis Markets, Inc. is a retail food company that operates a chain of supermarkets primarily in the Mid-Atlantic region of the United States. The company is engaged in the retail sale of food, offering a wide array of products, including groceries, dairy products, frozen foods, meats, seafood, fresh produce, floral items, pharmacy services, deli products, prepared foods, bakery products, beer and wine, and fuel. They also sell general merchandise items such as health and beauty care and household products. Weis Markets operates its own distribution center and three manufacturing facilities for milk, ice cream, and fresh meat products.
WMK’s Geographic footprint
Weis Markets, Inc. operates 197 retail food stores across seven Mid-Atlantic states, including Delaware, Maryland, New Jersey, New York, Pennsylvania, Virginia, and West Virginia. The company's corporate offices are located in Sunbury, Pennsylvania, where it was founded in 1912.
WMK Corporate Image Assessment
Weis Markets focuses on enhancing customer loyalty through targeted promotions and online services, including its Weis 2 Go curbside pickup and delivery options. The company also invests in technology and associate development to improve operational efficiencies and customer experience. Recent promotions include digital savings, 2X rewards, and 4X Weis Rewards Points for gift card purchases.
Ownership
Weis Markets has a mixed ownership structure comprising institutional, insider, and individual investors. Robert F. Weis is the largest individual shareholder, owning 78.82% of the company. The Weis family collectively owns approximately 65% of the outstanding shares. Institutional shareholders hold a notable portion of the stock, with Dimensional Fund Advisors LP owning 8.18% of shares, and Vanguard Group Inc. holding 7.67%.
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$63.76