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Weis Markets' Financial Performance: Q2 2025 Results

Weis Markets, Inc. (NYSE: WMK) has released its financial outcomes for the second quarter of 2025, showcasing a steady performance despite prevailing economic uncertainties. The 13-week period that ended on June 28, 2025, saw the company achieving net sales of approximately $1.22 billion, representing a 2.8% increase compared to the same quarter in 2024. Notably, this figure has been adjusted for the Easter holiday shift, indicating a growth rate of 1.6% when the holiday's timing is factored in over the two years.

Economic Context and Future Outlook

The ongoing fluctuations in the market have prompted Weis Markets to enhance its pricing strategies. Jonathan H. Weis, Chairman, President, and CEO, expressed optimism, stating, "Our second quarter results align with expectations during a time of continuing market changes and macroeconomic uncertainty." In line with its expansion strategies, the company opened a new store in Frederick County, Maryland, and plans to inaugurate another in Charlotte Hall later this summer.

Financial Highlights

The second quarter reported that comparable store sales, adjusted for fuel, experienced an increase of 2.3% year-over-year, up 2.6% on a stacked two-year basis, a noteworthy achievement in the current economic climate. Net income for this quarter stood at $26.53 million, reflecting a slight increase to $1.01 per share, compared to $26.26 million or $0.98 per share in the same quarter last year.

For the year-to-date reporting period of 26 weeks ending June 28, 2025, net sales reached $2.4 billion, an increase of 2.1% from 2024, with comparable store sales (excluding fuel) up by 1.7% for the individual year. However, net income decreased by 4.9%, totaling $47 million when compared to the previous year.

Cash Dividend Declaration

In a noteworthy decision, the Board of Directors declared a quarterly cash dividend of $0.34 per share, resulting in distributions to shareholders recorded as of July 28, 2025, and slated for payment on August 11, 2025.

Company Background

Founded in 1912, Weis Markets, Inc. operates 199 stores throughout the Mid-Atlantic region, including states like Pennsylvania, Maryland, Delaware, New Jersey, New York, West Virginia, and Virginia. The company continues to uphold its commitment to serving its communities and adapting to market trends.

Moving forward, Weis remains focused on executing its growth strategies amidst a shifting retail landscape, emphasizing the resilience and dedication of its associates who contribute to the company’s success. The efforts made by their teams reinforce the company’s long-term vision for sustainable growth and community service.

As the retail sector continues to navigate challenges brought by economic fluctuations, Weis Markets stands poised to leverage its operational strengths while remaining responsive to customer needs. Investors and stakeholders are encouraged to review the complete report detailing Weis's performance and strategic initiatives, as the company remains committed to transparency and accountability in its operations.

For more detailed insights and to follow updates, visit Weis Markets' official website.