Regional grocer Weis Markets' Q1 net income rises

Weis Markets

06/05/2026 13:41

Overview

US food retailer's Q1 revenue rose 4.6% yr/yr to $1.26 bln

Q1 net income increased 42.5% yr/yr to $27.85 mln

Pharmacy revenue growth impacted by Medicare pricing headwinds under Inflation Reduction Act

Outlook

Company did not provide specific guidance for current or future quarters in press release

Result Drivers

PHARMACY PRICING HEADWINDS - Co said pharmacy revenue growth was negatively impacted by Medicare maximum fair price provisions under the Inflation Reduction Act

Company press release: ID:nPn46HMLHa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
$1.26 bln
Q1 Net Income
$27.85 mln


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)