earnings
confidence high
sentiment positive
materiality 0.70
Weis Markets Q4 net income up 16.4% to $22.6M; fiscal year sales record $4.2B
WEIS MARKETS INC
- Q4 net sales $1.1B (+8.0% YoY), comp store sales +6.9%, EPS $0.84 vs $0.73.
- Fiscal 2021 net sales $4.2B (record), +2.7%; net income $108.8M (second highest), EPS $4.05.
- Two-year stacked comp store sales +18.1% for fiscal year, +21.0% in Q4, exceeding pre-pandemic levels.
- Capital expenditures exceeded $150M; opened 4 new/relocated stores, 8 fuel centers, 13 remodels.