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Stock impact report

WEIS MARKETS REPORTS FIRST QUARTER 2024 RESULTS [Yahoo! Finance]

Weis Markets, Inc. (WMK) 
US:NYSE Investor Relations: weismarkets.com/financial-information
Company Research Source: Yahoo! Finance
May 8, 2024 /PRNewswire/ -- Weis Markets, Inc. (NYSE: WMK) today reported its financial results for the 13-week first quarter ended March 30, 2024 First Quarter 2024 Results Net sales totaled $1.18 billion for the 13-week first quarter ended March 30, 2024 , compared to $1.14 billion for the 13-week first quarter ended April 1, 2023 , up 2.9 percent. First quarter comparable store sales excluding fuel increased 3.3 percent on an individual year-over-year basis and increased 6.9 percent on a two-year stacked basis. The Company estimates that its net sales increased $14.0 million because of the Easter holiday occurring in the first quarter in 2024 compared to the second quarter in 2023. The Company's first quarter net income totaled $23.17 million compared to $25.81 million in 2023, down 10.3 percent. First quarter earnings per share totaled compared to per share in 2023. "Our first quarter 2024 results, which benefited from the Easter holiday shift, are in line with our expecta Show less Read more
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