secwatch.observer — SEC 8-K summary
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Issuer:     WEIS MARKETS INC (WMK)
CIK:        0000105418
Form:       8-K
Filed at:   2022-05-02T23:59:59+00:00
Accession:  0000105418-22-000018
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Weis Markets Q1 sales up 9.7% to $1.1B; EPS $1.17 vs $0.90 YoY
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- Net sales of $1.1B for the 13 weeks ended March 26, 2022, up 9.7% from $1.0B in Q1 2021.
- Comparable store sales grew 9.4% YoY, accelerating from Q4 2021's 6.9% increase.
- Net income rose 29.4% to $31.4M; earnings per share of $1.17 vs $0.90 in prior year.
- CEO cited strong momentum, stable gross margins, and results exceeding expectations despite inflation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/105418/000010541822000018/0000105418-22-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/105418/000010541822000018/wmk-20220502x8k.htm
  HTML page:      https://secwatch.observer/filing/0000105418-22-000018

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer