Weis Markets to buy two family owned grocery stores in Pennsylvania [Yahoo! Finance]
Weis Markets, Inc. (WMK)
US:NYSE Investor Relations:
weismarkets.com/financial-information
Company Research
Source: Yahoo! Finance
Weis said it expects the deal to close during the fourth quarter. Details of the transaction were not disclosed. The Sunnyway Foods locations in Greencastle and Chambersburg, Pa., will close briefly while they are converted to Weis Markets, the Sunbury, Pa.-based grocer said. Current Sunnyway employees will be considered for employment with Weis. “It has been my family's pleasure to serve the wonderful people of Franklin County for over 69 years,” Sunnyway President and CEO Dean Martin said. “While this move is bittersweet for us, we are comforted knowing that we leave our customers in the capable hands of Weis Markets.” Weis Markets has been in business since 1912 and currently operates 196 stores in Pennsylvania, Maryland, New Jersey, New York, and West Virginia. Last month, Weis said net sales rose 0.2% during its second quarter, to $1.18 billion. Same-store sales increased 0.5% during the period. “Sunnyway Foods, the Martin family, and its associates are known for the
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News
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- Weis Markets Third Quarter 2024 Earnings: EPS: US$0.96 (vs US$0.86 in 3Q 2023) [Yahoo! Finance]Yahoo! Finance
- Loyalty and value drive a strong quarter for Weis Markets [Yahoo! Finance]Yahoo! Finance
- WEIS MARKETS REPORTS THIRD QUARTER 2024 RESULTS [Yahoo! Finance]Yahoo! Finance
- WEIS MARKETS REPORTS THIRD QUARTER 2024 RESULTSPR Newswire
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