Profile
Sector:
Consumer DefensiveIndustry:
Grocery StoresCountry:
United StatesIPO:
17 March 1980Website:
http://www.weismarkets.comNext earnings report:
07 August 2024Last dividends:
10 May 2024Next dividends:
N/APrice
after hours | Wed, 03 Jul 2024 17:01:19 GMTAnalysts recommendations
Institutional Ownership
WMK Latest News
Weis Markets, Inc. is considered one of the safest investments in the grocery industry due to its strong balance sheet and relatively high cash and marketable securities balance. The company's "steady as she goes" strategy and focus on safety has resulted in consistent long-term growth and a steadily increasing dividend. The company's "steady as she goes" strategy and focus on safety has resulted in consistent long-term growth and a steadily increasing dividend.
Weis recently reported its fiscal Q1-2023 numbers where net profit fell by almost 18%. Higher costs is putting pressure on the financials and the market does not know when this trend will end.
What type of business is Weis Markets?
Weis Markets, Inc. engages in the retail sale of food through a chain of supermarkets in Pennsylvania and surrounding states. The company's retail food stores sell groceries, dairy products, frozen foods, meats, seafood, fresh produce, floral, pharmacy services, deli products, prepared foods, bakery products, beer and wine, and fuel; and general merchandise items, such as health and beauty care, and household products. It operates stores primarily under the Weis Markets name, as well as Weis, Weis 2 Go, Weis Great Meals Start Here, Weis Gas-n-Go, and Weis Nutri-Facts. As of March 7, 2022, the company owned and operated 197 stores in Pennsylvania, Maryland, Delaware, New Jersey, New York, West Virginia, and Virginia. Weis Markets, Inc. was founded in 1912 and is based in Sunbury, Pennsylvania.
What sector is Weis Markets in?
Weis Markets is in the Consumer Defensive sector
What industry is Weis Markets in?
Weis Markets is in the Grocery Stores industry
What country is Weis Markets from?
Weis Markets is headquartered in United States
When did Weis Markets go public?
Weis Markets initial public offering (IPO) was on 17 March 1980
What is Weis Markets website?
https://www.weismarkets.com
Is Weis Markets in the S&P 500?
No, Weis Markets is not included in the S&P 500 index
Is Weis Markets in the NASDAQ 100?
No, Weis Markets is not included in the NASDAQ 100 index
Is Weis Markets in the Dow Jones?
No, Weis Markets is not included in the Dow Jones index
When does Weis Markets report earnings?
The next expected earnings date for Weis Markets is 07 August 2024