secwatch / observer

WEIS MARKETS INC — fact timeline

Source-grounded facts extracted from WEIS MARKETS INC's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

WMK WEIS MARKETS INC JSON
Earnings Releases

WEIS MARKETS INC reported first quarter ended March 28, 2026 results: revenue $1.26 billion, net income $27.85 million, EPS $1.13.

“in the first quarter. We are grateful to our associates, whose hard work makes these solid results possible,” said Mr. Weis. ​ First Quarter 2026 Results ​ Total revenue was $1.26 billion for the 13-week first quarter ended March 28, 2026, compared to $1.20 billion for the same period in 2025, a 4.6% increase. Pharmacy revenue growth was unfavorably impacted by”
Earnings Releases

WEIS MARKETS INC reported Fiscal Year 2025 results: revenue $4.96 billion, net income $93.69 million, EPS $3.65.

“Total revenue was $4.96 billion for the 52-week fiscal year ended December 27, 2025, compared to $4.79 billion for the same period in 2024, a 3.5% increase. Fiscal year 2025 comparable store sales excluding fuel increased 2.1% on an individual year-over-year basis and increased 4.0% on a two-year stacked basis. ​ The Company’s fiscal year 2025 net income was $93.69 million compared to $106.02 million in 2024, a 11.6% decrease. Adjusted for the weighted-average shares outstanding for the applicable reporting period, fiscal year 2025 earnings per share were $3.65 compared to $3.94 per share for the same period in 2024.”
Earnings Releases

WEIS MARKETS INC reported Fourth Quarter 2025 results: revenue $1.30 billion, net income $31.96 million, EPS $1.24.

“Total revenue was $1.30 billion for the 13-week fourth quarter ended December 27, 2025, compared to $1.23 billion for the same period in 2024, a 5.0% increase. Fourth quarter comparable store sales excluding fuel increased 2.5% on an individual year-over-year basis and increased 3.6% on a two-year stacked basis. ​ The Company’s fourth quarter net income was $31.96 million compared to $33.70 million in 2024, a 5.1% decrease. Adjusted for the weighted-average shares outstanding for the applicable reporting period, fourth quarter earnings per share were $1.24 compared to $1.25 per share for the same period in 2024.”

Robert G. Gleeson changed role as Chief Operating Officer at WEIS MARKETS INC.

“On February 5, 2025, the Company finalized the compensation arrangement with Mr. Gleeson, for his promotion to the role of Chief Operating Officer.”

Jonathan H. Weis changed role as interim Chief Operating Officer at WEIS MARKETS INC.

“Upon Mr. Gleeson’s promotion to Chief Operating Officer on January 13, 2025, Jonathan H. Weis, Chairman, President and Chief Executive Officer, ceased to serve as interim Chief Operating Officer of the Company.”

Robert G. Gleeson was appointed as Chief Operating Officer at WEIS MARKETS INC.

“Robert G. Gleeson, age 59, was promoted to Chief Operating Officer of Weis Markets, Inc. (the “Company”) on January 13, 2025.”

John (Jack) F. O’Hara was appointed as interim Secretary at WEIS MARKETS INC.

“John (Jack) F. O’Hara, Senior Vice President of Legal Affairs and Real Estate, Assistant Secretary, assumed the duties of interim Secretary of the Company effective October 16, 2024.”

Jonathan H. Weis was appointed as interim Chief Operating Officer at WEIS MARKETS INC.

“Jonathan H. Weis, Chairman, President, and Chief Executive Officer assumed the duties of interim Chief Operating Officer of the Company effective October 16, 2024.”

Kurt A. Schertle departed as Chief Operating Officer, Secretary at WEIS MARKETS INC.

“Effective October 16, 2024, Kurt A. Schertle separated from service as Chief Operating Officer, Secretary of Weis Markets, Inc. (the "Company").”
Earnings Releases

WEIS MARKETS INC reported first quarter ended March 30, 2024 results: revenue $1.18 billion, net income $23.17 million, EPS $0.86 per share.

“Net sales totaled $1.18 billion for the 13-week first quarter ended March 30, 2024, compared to $1.14 billion for the 13-week first quarter ended April 1, 2023, up 2.9 percent.”
Earnings Releases

WEIS MARKETS INC reported fourth quarter ended December 30, 2023 results: revenue $1.21 billion, net income $20.52 million, EPS $0.76.

“Fourth Quarter 2023 Results ​ Net sales totaled $1.21 billion for the 13-week fourth quarter ended December 30, 2023, compared to $1.31 billion for the 14-week fourth quarter ended December 31, 2022, down 7.1 percent. Fourth quarter comparable store sales, adjusted for an additional week in 2022 and excluding fuel, increased 0.2 percent on an individual year-over-year basis and increased 9.8 percent on a two-year stacked basis. ​ The Company’s fourth quarter net income (after provision for income taxes) totaled $20.52 million compared to $28.88 million in 2022, down 28.9 percent. Fourth quarter earnings per share totaled $0.76 compared to $1.07 per share in 2022.”
Earnings Releases

WEIS MARKETS INC reported fiscal year ended December 30, 2023 results: revenue $4.70 billion, net income $103.83 million, EPS $3.86.

“Fiscal Year 2023 Results ​ Net sales totaled $4.70 billion for the 52-week fiscal year ended December 30, 2023, compared to $4.70 billion for the 53-week fiscal year ended December 31, 2022, up 0.02 percent. Fiscal year 2023 comparable store sales, adjusted for an additional week in 2022 and excluding fuel, increased 2.3 percent on an individual year-over-year basis and increased 9.8 percent on a two-year stacked basis. ​ The Company’s fiscal year 2023 net income (after provision for income taxes) totaled $103.83 million compared to $125.20 million in 2022, down 17.1 percent. Fiscal year 2023 earnings per share totaled $3.86 compared to $4.65 per share in 2022.”

Kurt A. Schertle changed role as Chief Operating Officer at WEIS MARKETS INC.

“Kurt A. Schertle, Chief Operating Officer, will assume the duties of Secretary of the Company upon Mr. Graber’s retirement.”

John (Jack) F. O'Hara changed role as Senior Vice President of Legal Affairs and Real Estate, Assistant Secretary at WEIS MARKETS INC.

“John (Jack) F. O’Hara, currently Vice President of Legal Affairs and Real Estate, Assistant Secretary has been promoted to the position of Senior Vice President of Legal Affairs and Real Estate, Assistant Secretary.”

Harold G. Graber retired as Senior Vice President of Real Estate and Development, Secretary at WEIS MARKETS INC.

“On February 8, 2024, Harold G. Graber, Senior Vice President of Real Estate and Development, Secretary announced his intention to retire from the Company after 34 years of distinguished service effective February 29, 2024.”
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.

“Net sales totaled $3.48 billion for the 39-week year-to-date period ended September 30, 2023”
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.

“Net sales totaled $1.16 billion for the 13-week third quarter ended September 30, 2023”
Debt Financings

WEIS MARKETS INC amended revolving credit of $30,000,000.00 with Wells Fargo Bank, National Association at one percent (1.00%) above Daily Simple SOFR maturing October 1, 2027.

“The Amended Credit Agreement provides for an unsecured revolving credit facility with an aggregate principal amount not to exceed Thirty Million Dollars ($30,000,000.00), with an additional discretionary availability of Seventy Million Dollars ($70,000,000.00) (the "Commitment").”
Material Agreements

WEIS MARKETS INC amended Amended Credit Agreement with Wells Fargo Bank, National Association valued at $30,000,000.00 (effective 2023-09-29).

“On September 29, 2023 (the "Closing Date"), Weis Markets, Inc.; Dutch Valley Food Company, LLC; Weis Transportation, LLC and WMK Financing, Inc. (collectively, the "Company") entered into an Amendment to Revolving Credit Agreement (the "Amended Credit Agreement"), which amends the Revolving Credit Agreement (the “Credit Agreement”) dated September 1, 2016 and previously amended on August 21, 2019 and September 29, 2021 with Wells Fargo Bank, National Association (the "Lender").”
Earnings Releases

WEIS MARKETS INC reported the 13-week first quarter ended April 1, 2023 results: revenue $1.14 billion, net income $25.81 million, EPS $0.96.

“Net sales totaled $1.14 billion for the 13-week first quarter ended April 1, 2023, compared to $1.10 billion for the 13-week first quarter ended March 26, 2022, up 3.7 percent. First quarter comparable store sales increased 3.1 percent on an individual year-over-year basis and increased 12.5 percent on a two-year stacked basis. ​ “ Our first quarter sales and income results are in line with our expectations in an inflationary environment,” said Weis Markets Inc.’s Chairman, President and Chief Executive Officer Jonathan H. Weis. “Higher product, supply chain, and operating costs had a significant impact on our income results compared to last year. We are grateful to our associates who helped us navigate these challenges and serve our customers. In addition, record inflation continues to be a major challenge for our customers. In response, we expanded our Low, Low Price program which offers strong, everyday savings and values on more than 9,000 products.” ​ The Company’s first quarter n”
Earnings Releases

WEIS MARKETS INC reported financial results for the fourth quarter and fiscal year ended December 31, 2022.

“On February 27, 2023, the Company released its earnings for the fourth quarter and fiscal year ended December 31, 2022.”
Earnings Releases

WEIS MARKETS INC reported third quarter ended September 24, 2022 results: revenue $1.15 billion, net income $28.66 million, EPS $1.07.

“Net sales totaled $1.15 billion for the 13-week third quarter ended September 24, 2022, compared to $1.06 billion for the same period in 2021, up 8.2 percent. Third quarter comparable store sales increased 7.9 percent on an individual year-over-year basis and increased 12.5 percent on a two-year stacked basis following the increase of 14.8 percent for the same period in 2020. ​ The Company reduced its provision for income taxes by $5.6 million for the period ended September 24, 2022, primarily due to the effects of Pennsylvania House Bill 1342 which was enacted on July 8, 2022. The bill made significant changes to the Commonwealth’s corporate income tax laws which included lowering the tax rate gradually from 9.99 percent in 2022 to 4.99 percent in 2031, updating market sourcing rules, and codifying the economic nexus standard. ​ The Company’s third quarter net income (after provision for income taxes) totaled $28.66 million compared to $28.51 million in 2021, up 0.5 percent. Third qua”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.