Weis Markets, Inc. Stock News

Weis Markets' stock price has surged ahead of its long-term growth plan, leading to a potentially overvalued price-earnings ratio. The company's strategy involves steady, single-digit growth through selective store openings and closings. Despite a recent pullback, the stock may still be overpriced.

Company's first quarter net sales, adjusted for Easter holiday shift, increased 2.7 percent SUNBURY, Pa. , May 7, 2025 /PRNewswire/ -- Weis Markets, Inc. (NYSE: WMK) today reported its financial results for the 13-week first quarter ended March 29, 2025.

SUNBURY, Pa. , May 1, 2025 /PRNewswire/ -- Weis Markets, Inc.'s (NYSE: WMK) Board of Directors today declared a quarterly dividend of $0.34 per share to shareholders of record as of May 12, 2025, payable on May 27, 2025.

Upgraded Weis Markets to 'Buy' due to strong Q4 earnings, growing return on capital, and a valuation significantly above the current share price. Technical indicators show a long-term bullish trend, supported by a MACD buy signal and a golden cross on monthly charts. WMK's robust cash and short-term investments provide a hedge against rising costs, with significant interest and investment income.

Company's fiscal year 2024 comparable store sales excluding fuel increased 1.9 percent SUNBURY, Pa. , Feb. 25, 2025 /PRNewswire/ -- Weis Markets, Inc. (NYSE: WMK) today reported its financial results for the 13-week fourth quarter and the 52-week fiscal year period ended December 28, 2024.

SUNBURY, Pa. , Feb. 5, 2025 /PRNewswire/ -- Weis Markets, Inc.'s (NYSE:WMK) Board of Directors today declared a quarterly dividend of $0.34 per share to shareholders of record as of February 18, 2025, payable on March 4, 2025.

SUNBURY, Pa. , Jan. 21, 2025 /PRNewswire/ -- Weis Markets, Inc. (NYSE: WMK) announced this week the promotion of Bob Gleeson to Chief Operating Officer (COO) of the Company.

Weis Markets has a strong balance sheet with cash and marketable securities roughly equal to current liabilities, and no long-term debt. The company strategically opens more stores than it closes over time to grow slowly. Weis Markets is family-controlled, with the Weis family holding nearly 40% of shares.