Weis opens first new store in 3 years
While the grocer announced plans over a year ago to reignite store openings, labor and supply chain disruptions persist.
| Ticker |
WMK
|
| CIK | 0000105418 |
| SIC | 5411 |
| Sector | Retail Trade |
| Industry Category | Retail |
| Industry Group | Retail – Grocery Stores |
| Address | 1000 S SECOND ST, PO BOX 471, SUNBURY, PA, 17801 |
| Website | weismarkets.com |
| Phone | 570-286-4571 |
| CEO | Jonathan H. Weis |
| Employees | 23,000 |
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Weis opens first new store in 3 yearsWhile the grocer announced plans over a year ago to reignite store openings, labor and supply chain disruptions persist. Investors in Weis Markets (NYSE:WMK) have seen decent returns of 67% over the past five yearsWhen you buy and hold a stock for the long term, you definitely want it to provide a positive return. But more than... WEIS MARKETS, INC. SHARE PURCHASE AGREEMENTWeis Markets, Inc. (the "Company") announced effective June 6, 2025 that it has purchased in a private transaction 2,153,846 shares (the "Shares") of the Company's Common Stock, no par value ("Common Stock") for an aggregate purchase price of $140,000,000, or approximately $65.00 per share, pursuant to a Share Purchase Agreement (the "Purchase Agreement") among the trustees of The Patricia R. Weis Marital Trust and The Patricia G. Ross Weis Revocable Trust (collectively, the "Sellers") and the C Uncovering US Market's Hidden Gems with Strong PotentialThe United States market has remained stable over the past week, while showing a notable 11% increase over the past year, with earnings projected to grow by 14% annually. In this environment, identifying stocks with strong potential involves finding companies that not only align with these growth trends but also possess unique qualities that set them apart as hidden opportunities. Weis Markets’ Q1 FY25 performance in line with expectationsThe retailer’s unadjusted first quarter comparable store sales excluding fuel increased 1% year-on-year. |