Weis Markets Reports Q3 Fiscal 2025 Revenue Growth but Declining Net Income

Weis Markets, Inc. reported its financial results for the third quarter of fiscal 2025, revealing a total revenue of $1.24 billion for the 13 weeks ended September 27, 2025, a 4.4% increase from $1.19 billion in the same period last year. For the first 39 weeks of the fiscal year, total revenue reached $3.66 billion, up 2.9% from $3.56 billion in the prior year. The company's net income for the quarter was $18.2 million, a decline of 29.4% compared to $25.8 million in the same quarter of 2024. Year-to-date net income also decreased to $65.2 million from $75.3 million, reflecting a 13.3% drop.

The financial performance was impacted by rising costs, with the cost of sales increasing to $933.6 million for the quarter, up from $895.1 million a year earlier. This resulted in a gross profit margin of 24.9%, consistent with the previous year. Operating expenses also rose, totaling $286.3 million for the quarter, compared to $265.5 million in the same period last year. The company attributed the decline in net income to increased operating expenses and a significant drop in investment income, which fell to $3.3 million from $7.8 million in the prior year.

Strategically, Weis Markets expanded its footprint by acquiring the former Saylor’s Market store in Newville, Pennsylvania, which contributed $12.6 million to sales in 2025. The company also opened new stores in Charlotte Hall and Leonardtown, Maryland, further enhancing its market presence. As of September 27, 2025, Weis Markets operated 201 retail stores across Pennsylvania and six surrounding states, employing over 22,000 individuals.

Operationally, the company reported a 2.5% increase in comparable store sales for the quarter, with a 1.7% increase for the year-to-date period. The company continues to focus on enhancing customer engagement through its "Weis 2 Go Online" service, which is available at 194 locations, allowing customers to order online for delivery or pickup. The company also noted that it self-distributes approximately 52% of its products, which helps maintain control over supply chain costs.

Looking ahead, Weis Markets anticipates continued challenges from inflationary pressures in the food retail industry but remains optimistic about long-term sales growth. The company plans to fund its capital expenditure program, which includes new store construction and technology upgrades, through cash flows from operations and its revolving credit facility. The Board of Directors has declared a quarterly dividend of $0.34 per share, reflecting the company's commitment to returning value to shareholders while navigating a competitive market landscape.