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WMK Weis Markets News Story

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Consumer DefensivesBalancedMid CapSuper Stock

Weis Markets Q4 revenue rises but net income falls

Overview

U.S. food retailer's Q4 revenue rose 5% yr/yr; comparable store sales up 2.5%

Q4 net income fell 5.1% yr/yr; EPS nearly flat at $1.24

Sales growth driven by price investments, new stores, and higher e-commerce and pharmacy volume

Outlook

Company did not provide specific guidance for the current quarter or fiscal year

Result Drivers

PRICE INVESTMENTS - Co said sales growth was supported by significant price investments

E-COMMERCE AND PHARMACY - 21% increase in e-commerce sales and higher pharmacy volume after a competitor's exit boosted results

Company press release: ID:nPn4DNYb9a

Key Details

MetricBeat/MissActualConsensus Estimate
Q4 Sales$1.3 bln
Q4 Net Income$31.96 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.)

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