Weis Markets acquires Saylor's Market [Yahoo! Finance]
Weis Markets, Inc. (WMK)
US:NYSE Investor Relations:
weismarkets.com/financial-information
Company Research
Source: Yahoo! Finance
Weis Markets is buying a family-owned grocery store in Newville, Pa., the grocer announced Monday. The sale of Saylor's Market is expected to be completed in the first quarter of 2025. Once finished, the store will briefly close to be converted into a Weis Markets.Details of the transaction were not disclosed. “Saylor's has served the Newville community with a strong focus on customer service and a commitment to the community,” said Jonathan Weis, chairman and CEO of Weis Markets. “We share these values and look forward to interviewing Saylor's associates for employment with our company.” Donald Saylor opened Saylor's Market in 1977, steadily expanding the 6,000-square-foot store into a 42,000-square-foot supermarket that employed more than 100 people. Saylor died in 2002, according to the store's website, and his sons, Curt and Craig, have continued to operate the grocery store, along with their children. This is Weis Markets' third store acquisition in 2024. In October, the
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News
- Weis Markets' (NYSE:WMK) investors will be pleased with their favorable 98% return over the last five years [Yahoo! Finance]Yahoo! Finance
- Weis Markets to acquire Saylor's Market in Pennsylvania [Yahoo! Finance]Yahoo! Finance
- WEIS MARKETS ANNOUNCES PLANS TO PURCHASE SAYLOR'S MARKET IN NEWVILLE, PA [Yahoo! Finance]Yahoo! Finance
- Weis Markets makes executive promotions, including Fresh Merchandising [Yahoo! Finance]Yahoo! Finance
- Weis Markets, Inc.'s (NYSE:WMK) CEO Jonathan Weis is the most upbeat insider, and their holdings increased by 4.5% last week [Yahoo! Finance]Yahoo! Finance
WMK
Sec Filings
- 11/7/24 - Form 10-Q
- 11/5/24 - Form 8-K
- 10/22/24 - Form 8-K
- WMK's page on the SEC website