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Weis reports 3rd quarter earnings

Weis Markets Inc. reported its financial results for the 13-week third quarter and 39-week year-to-date period ended Sept. 27.

“We are grateful for the hard work and dedication of our associates for their excellent service and commitment to our customers and communities every day,” said Weis Markets Inc. Chairman, President and CEO Jonathan H. Weis.

“Despite ongoing cautious consumer spending and macroeconomic uncertainty in the third quarter, our team increased net sales and gross profits through successful customer engagement and operational excellence,” he said. “We are also focused on prudent cost management.”

Weis added, “We continue to make significant investments in our associates, technologies and facilities that will improve efficiencies, enhance customer experience and generate long-term shareholder value.”

Third quarter 2025 ResultsNet sales and other revenue totaled $1.24 billion for the 13-week third quarter ended Sept. 27, 2025, compared to $1.19 billion for the same period in 2024, up 4.4%.

Third quarter comparable store sales excluding fuel increased 2.5% on an individual year-over-year basis and increased 5.5% on a two-year stacked basis.

The company’s third quarter net income totaled $18.23 million compared to $25.84 million in 2024, down 29.4%. Adjusted for the weighted-average shares outstanding for the applicable reporting period, third quarter earnings per share totaled 74% compared to 96% per share for the same period in 2024.

Year-to-date comparable store sales excluding fuel increased 1.9% on an individual year-over-year basis and increased 4.1% on a two-year stacked basis.

The company’s year-to-date net income totaled $65.24 million, compared to $75.26 million in 2024, down 13.3%. Adjusted for the weighted-average shares outstanding for the applicable reporting period, year-to-date earnings per share totaled $2.51 compared to $2.80 per share for the same period in 2024.

The year-to-date net income amount this year included $1.24 million in pretax related party share purchase agreement transaction expenses, while the year-to-date net income amount in 2024 included a $4.58 million pretax gain on disposition of fixed assets.

The Weis Markets Inc. board of directors declared on Oct. 30 a quarterly cash dividend of 34 cents per share to shareholders of record as of Nov. 10, payable on Nov. 24.

Founded in 1912, Sunbury-based Weis Markets Inc. is a mid-Atlantic food retailer currently operating 201 stores in Pennsylvania, Maryland, Delaware, New Jersey, New York, West Virginia and Virginia.