Weis Markets, Inc.

What they do

Weis Markets operates conventional supermarkets in Pennsylvania and six surrounding states, with stores ranging from 8,000 to 71,000 square feet. The company self-distributes approximately 50% of products via its own distribution center and fleet, and operates three manufacturing facilities for milk, water, ice, ice cream, and fresh meats. It offers groceries, pharmacy services, fuel, and general merchandise, along with online ordering and home delivery at all locations.

Revenue drivers

• Retail grocery sales — Core business with total revenue of $4.96 billion in fiscal 2025, up 3.5% year-over-year; comparable store sales (excluding fuel) rose 2.1%.
• Fuel centers — Fuel sales contribute to total revenue, with comparable store sales including fuel at 2.0% in fiscal 2025; fuel is also a redemption option for the loyalty program.
• Pharmacy services — Pharmacy revenue growth was negatively impacted by ~$18.19 million year-to-date 2026 due to Inflation Reduction Act Medicare maximum fair price provisions.

Recent performance

For the second quarter ended June 27, 2026, total revenue was $1.28 billion, up 4.6% year-over-year, with comparable store sales up 2.3%. Net income was $22.86 million, down 9.6% from $25.28 million in the prior year period, and EPS was $0.92 versus $0.96. Year-to-date, total revenue was $2.53 billion, up 4.6%, and net income rose 13.1% to $50.71 million. Fiscal 2025 full-year revenue grew 3.5% to $4.96 billion, but net income declined 11.6% to $93.7 million due to higher operating expenses.

Strategy

Management emphasizes opening new stores, relocations, and remodeling to drive growth, allocating about one-third of capital expenditures to new stores and fuel centers. The company also invests in supply chain, manufacturing, and technology. Promotional investments and targeted loyalty marketing are being increased to support customers focused on affordability and value. Sustainability efforts include reducing carbon footprint and refrigerant leak rates.

Risks

• Competitive pressure — Weis faces intense competition from national chains, supercenters, warehouse clubs, and online grocery retailers, which could pressure margins and market share.
• Cybersecurity and data privacy — Disruptions or breaches in information technology systems could disrupt operations and expose sensitive employee and customer data.
• Investment portfolio volatility — Marketable securities (corporate/municipal bonds and commercial paper) are subject to credit, liquidity, market, and interest rate risks.
• Self-insurance reserve variability — Workers' compensation, general liability, and medical benefit claim estimates are subject to high variability, which could lead to adverse financial results.

Outlook

Management notes customers remain focused on affordability and value, which is shaping shopping behavior. The company expects to continue investing in promotions and loyalty marketing while maintaining in-stock conditions. Forward-looking statements cite risks including tariffs, trade policies, competitive factors, and potential shareholder actions related to financial restatements. No specific numerical guidance was provided.