Weis Markets reports 1.6% sales growth in H1 FY24 [Yahoo! Finance]
Weis Markets, Inc. (WMK)
US:NYSE Investor Relations:
weismarkets.com/financial-information
Company Research
Source: Yahoo! Finance
This includes a year-to-date comparable store sales increase of 1.8%. The company's net income for the 26 weeks ended 29 June 2024, however, fell by 17.7% to $49.42m, compared to $60.08m in the first half of 2023. Its earnings per share (EPS) also decreased by $0.39 to $1.84, compared to $2.23 in the same period of the previous year. In the second quarter of fiscal 2024, Weis Markets' net sales were slightly up by 0.2% at $1.18bn against $1.17bn in Q2 FY23. The timing of 2024's Easter holiday is estimated to have negatively impacted net sales by $14m (1.2%). Comparable store sales for the quarter saw a 0.5% increase year-on-year and a 4% rise on a two-year stacked basis. Its net income for the second quarter dropped by 23.4% to $26.26m, compared to $34.27m in the second quarter of 2023. The retailer's EPS for the quarter was $0.98, down from $1.27 in same quarter of 2023. Weis Markets chairman, president and CEO Jonathan Weis stated: "Our second quarter 2024 results,
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News
- WEIS MARKETS REPORTS THIRD QUARTER 2024 RESULTS [Yahoo! Finance]Yahoo! Finance
- WEIS MARKETS REPORTS THIRD QUARTER 2024 RESULTSPR Newswire
- Estimating The Intrinsic Value Of Weis Markets, Inc. (NYSE:WMK) [Yahoo! Finance]Yahoo! Finance
- WEIS MARKETS ANNOUNCES QUARTERLY DIVIDENDPR Newswire
- PARALYZED VETERANS OF AMERICA AND WEIS MARKETS KICK OFF ANNUAL CAMPAIGN, ENCOURAGE CUSTOMERS TO DONATE $1, $3, OR MORE THIS OCTOBER [Yahoo! Finance]Yahoo! Finance
WMK
Sec Filings
- 11/5/24 - Form 8-K
- 10/22/24 - Form 8-K
- 8/8/24 - Form 10-Q
- WMK's page on the SEC website