Weis Markets Reports $1.22 Billion Revenue for Second Quarter, Expands Store Footprint

Weis Markets, Inc. reported a total revenue of $1.22 billion for the thirteen weeks ended June 28, 2025, reflecting a 2.8% increase from $1.18 billion in the same period last year. For the first half of the fiscal year, total revenue rose to $2.42 billion, up 2.1% from $2.37 billion in the prior year. The company's net income for the second quarter was $26.53 million, a slight increase from $26.26 million in the previous year, while net income for the first half decreased to $47 million from $49.42 million. The basic and diluted earnings per share for the second quarter were $1.01, up from $0.98 a year earlier, but down from $1.84 to $1.77 for the first half.

The company experienced a notable increase in gross profit, which rose by 3.1% to $308.37 million for the second quarter, with a gross profit margin of 25.4%. Operating expenses also increased, totaling $276.43 million for the second quarter, which is 3.7% higher than the previous year. The increase in costs was attributed to higher employee expenses and outside services, as well as ongoing investments in capital expenditures for store expansions and upgrades. The company’s operating income for the second quarter was $31.94 million, a decrease from $32.49 million in the prior year.

In terms of strategic developments, Weis Markets expanded its footprint by acquiring the former Saylor’s Market store in Newville, Pennsylvania, which contributed $8 million to sales in 2025. The company also opened a new store in Ijamsville, Maryland, further enhancing its presence in the region. As of June 28, 2025, Weis Markets operated 199 retail stores across Pennsylvania and six surrounding states, employing approximately 22,000 individuals. The company continues to focus on enhancing customer convenience through initiatives like the "Weis 2 Go Online" service, which allows customers to order online for delivery or pickup.

The company’s cash and cash equivalents decreased significantly to $61.91 million from $190.32 million at the end of the previous fiscal year, primarily due to a $140 million share repurchase transaction completed in June 2025. This transaction involved the purchase of 2,153,846 shares from the Weis family at a price of $65 per share. The company’s total liabilities decreased to $628.71 million from $661.41 million, while shareholders' equity fell to $1.33 billion from $1.45 billion, reflecting the impact of the share repurchase.

Looking ahead, Weis Markets anticipates continued growth despite the challenges posed by inflation and competitive pressures in the retail sector. The company remains committed to its long-term capital expenditure program, which includes the construction of new stores and the expansion of existing facilities. Management expressed confidence in its ability to navigate the competitive landscape while maintaining a focus on customer satisfaction and operational efficiency.