---
schema_version: "secwatch.filing_event.v1"
accession: "0000105418-23-000043"
form_type: "8-K"
ticker: "WMK"
cik: "0000105418"
company_name: "WEIS MARKETS INC"
filed_at: "2023-11-06T23:59:59+00:00"
generated_at: "2026-06-08T18:55:47.847716+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Weis Markets Q3 net income falls 19% to $23.2M; comp store sales up 0.8%

## Summary
- 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.

## SEC filing metadata
- accession: 0000105418-23-000043
- form_type: 8-K
- ticker: WMK
- cik: 0000105418
- company_name: WEIS MARKETS INC
- filed_at: 2023-11-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/105418/000010541823000043/0000105418-23-000043-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/105418/000010541823000043/wmk-20231106x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000105418-23-000043
- JSON: https://secwatch.observer/filing/0000105418-23-000043.json
- Plain text: https://secwatch.observer/filing/0000105418-23-000043.txt

## Key facts
- Earnings Releases
  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
  source text: Net sales totaled $3.48 billion for the 39-week year-to-date period ended September 30, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/105418/000010541823000043/0000105418-23-000043-index.htm
- Earnings Releases
  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
  source text: Net sales totaled $1.16 billion for the 13-week third quarter ended September 30, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/105418/000010541823000043/0000105418-23-000043-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.