earnings
confidence high
sentiment neutral
materiality 0.50
Weis Markets Q1 net sales up 1.6% to $1.20B, net income down 11.6% to $20.5M, EPS $0.76
WEIS MARKETS INC
2025-Q1 EPS reported
$0.76
revenue$1,200,776,000
- Net sales $1.20B, up 1.6% vs Q1 2024; adjusted for Easter shift up 2.7%. Comparable store sales ex-fuel up 1.0% (unadjusted) and 4.3% on two-year stacked basis.
- Net income $20.48M, down 11.6% from $23.17M; diluted EPS $0.76 vs $0.86 in prior year quarter.
- Quarterly cash dividend of $0.34 per share declared, payable May 27, 2025 to shareholders of record May 12, 2025.
- Building four new stores (first since 2022); three to open by end of 2025 in Lake Linganore, Charlotte Hall, and Waldorf, MD; fourth in Middletown, DE in early 2026.
- CEO says results in line with expectations amid macroeconomic uncertainty; continuing strategic investments in associates and technologies.