8-K
filed November 6, 2023, 6:59 PM ET
ticker WMK
CIK 0000105418
earnings
confidence high
sentiment negative
materiality 0.65
Weis Markets Q3 net income falls 19% to $23.2M; comp store sales up 0.8%
WEIS MARKETS INC
2023-Q3 EPS reported
$3.10
revenue$3,483,975,000
- Net sales $1.16B, up 0.8% YoY; comparable store sales up 0.8% YoY, 8.7% two-year stacked.
- Net income $23.23M ($0.86 EPS) vs $28.66M ($1.07 EPS) in Q3 2022, down 19%.
- YTD net sales $3.48B (+2.8%), net income $83.31M ($3.10 EPS) down 13.5%.
- Board declared $0.34 per share dividend payable Nov 20, record Nov 6.
- Management cites inflation, interest rates, declining gov't benefits; expanded Low, Low Price program.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
WEIS MARKETS INC reported 39-week year-to-date period ended September 30, 2023 results: revenue $3.48 billion, net income $83.31 million, EPS $3.10.
- Period
- 39-week year-to-date period ended September 30, 2023
- Revenue
- $3.48 billion
- Net income
- $83.31 million
- EPS
- $3.10
- Result
- reported results
Exact text from the filing
Net sales totaled $3.48 billion for the 39-week year-to-date period ended September 30, 2023
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
WEIS MARKETS INC reported third quarter ended September 30, 2023 results: revenue $1.16 billion, net income $23.23 million, EPS $0.86.
- Period
- third quarter ended September 30, 2023
- Revenue
- $1.16 billion
- Net income
- $23.23 million
- EPS
- $0.86
- Result
- reported results
Exact text from the filing
Net sales totaled $1.16 billion for the 13-week third quarter ended September 30, 2023
View on SEC.gov
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
See methodology for how this pipeline works.