Latest stock value to market: Weis Markets, Inc. (NYSE: WMK)

On 08 May 2020, Weis Markets, Inc. (NYSE: WMK) spotted trading 1.44% off 52-week high price. On the other end, the stock has been noted 72.13% away from the low price over the last 52-weeks. The stock changed 3.83% to recent value of $55.84. The stock transacted 194028 shares during most recent day however it has an average volume of 139.34K shares. The company has 26.71M of outstanding shares and 16.3M shares were floated in the market.

Weis Markets, Inc.  (NYSE: WMK) recently stated total sales of over $3.5B for the 52-week period ended December 28, 2019, up 1.0 percent contrast to the same period a year ago, while yearly comparable store sales increased 1.5 percent. Income from operations increased $2.0M, or 2.4 percent to $84.6M over the same period in 2018.

“We made important forward progress in 2019 by driving sales with targeted merchandising and marketing programs, important price investments and improved in-store execution, which sustains our growth program,” stated Weis Markets Chairman and CEO Jonathan Weis. “The result was a 1.5 percent increase in yearly comparable store sales in 2019.  During the year, we also expanded online ordering with in-store pickup and home delivery to 184 stores which resulted in over 250,000 orders and a 115.4 percent increase in online sales.”

Fourth Quarter Results:

During the thirteen-week period ended December 28, 2019, the Company’s sales increased 1.1 percent to $902.4M contrast to the same period in 2018, while fourth quarter comparable store sales increased 1.4 percent.

Income from operations in the fourth quarter totaled $23.0M contrast to $15.5M in the same period in 2018.  The Company’s fourth quarter net income increased 42.6 percent to $18.9M contrast to $13.2M in 2018, while earnings per share totaled $0.70 contrast to $0.49 per share for the same period in 2018.

The Company attributed its increases in fourth quarter 2019 sales and comparable store sales to targeted holiday promotions through its loyalty marketing program and continuing improvements in store level efficiencies and price optimization.

Its earnings per share (EPS) expected to touch remained 7.20% for this year while earning per share for the next 5-years is expected to reach at # ref. WMK has a gross margin of 26.50% and an operating margin of 2.40% while its profit margin remained 1.90% for the last 12 months.   According to the most recent quarter its current ratio was 1.7 that represents company’s ability to meet its current financial obligations. The price moved ahead of 15.71% from the mean of 20 days, 30.73% from mean of 50 days SMA and performed 40.84% from mean of 200 days price. Company’s performance for the week was 10.82%, 28.13% for month and YTD performance remained 37.91%.


Ronald Hemphill

Ronald Hemphill– Business Stories My Name is Ronald Hemphill and I am also the main source from the ‘’ of all the exclusive and most delicate visualization of the activities in the business sector. My first step towards this journey was taken in the very early years of my life. I started with an independent financial consultant. However, I only had almost 4 years of skills and experience in this market. I have always been a free personality and like to fly one place to another, to explore more and more. Moreover, this passion and craze of traveling gave me a chance to report a section for best news associations. Last but not least, I am presently working full-time as an editor.

Leave a Reply

Your email address will not be published. Required fields are marked *