secwatch.observer — SEC 8-K summary
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Issuer:     WEIS MARKETS INC (WMK)
CIK:        0000105418
Form:       8-K
Filed at:   2024-08-06T23:59:59+00:00
Accession:  0000105418-24-000044
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Weis Q2 net income down 23.4% to $26.3M; EPS $0.98 vs $1.27; comp sales up 0.5%
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- Net sales $1.18B flat YoY; Easter shift reduced sales by ~$14M (1.2%).
- Adjusted for Easter shift, comparable store sales increased 1.7% in Q2.
- Quarterly dividend $0.34 per share declared, payable Aug 12, 2024.
- Year-to-date net income $49.42M, down 17.7%; EPS $1.84 vs $2.23.
- Expanded Low, Low, Price program, lowering prices on 600 dairy items.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/105418/000010541824000044/0000105418-24-000044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/105418/000010541824000044/wmk-20240806x8k.htm
  HTML page:      https://secwatch.observer/filing/0000105418-24-000044

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