earnings
confidence high
sentiment negative
materiality 0.65
Weis Markets Q2 net sales up 3.8% to $1.18B; EPS down to $1.27 from $1.35
WEIS MARKETS INC
2023-Q2 EPS reported
$2.23
revenue$2,323,669,000
- Net sales $1.18B, +3.8% YoY; comparable store sales +3.5%.
- Net income $34.27M, -5.5% YoY; EPS $1.27 vs $1.35.
- Board declared $0.34/share dividend payable Aug 21, 2023.
- YTD net sales $2.32B (+3.8%); net income $60.08M (-11.2%).
- CEO cites inflation, reduced benefits driving customer value focus.