NYSE$WMK

Weis Markets Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Second quarter results reported with a two-year stacked comparable store sales increase of 18.3 percent.

Weis Markets reported a decrease in net sales by 4.7% to $1.0 billion for the second quarter of 2021, compared to $1.1 billion for the same period in 2020. The company's net income decreased by 19.3% to $33.5 million, with earnings per share totaling $1.24, compared to $1.54 per share for the same period in 2020.

  • Net sales totaled $1.0 billion, a 4.7% decrease compared to the same period in 2020.
  • Second quarter comparable store sales decreased 5.8% year-over-year but increased 18.3% on a two-year stacked basis.
  • Net income totaled $33.5 million, a 19.3% decrease compared to 2020.
  • Earnings per share totaled $1.24, compared to $1.54 per share for the same period in 2020.

Headline financials

Total Revenue

$1.05B

Previous: $1.1B-4.7%
EPS (adj)

$1.24

Previous: $1.54-19.5%
Capital Expenditures

-$77.8M

Previous: -$49.7M-56.3%
Free Cash Flow

-$44.3M

Previous: -$8.26M-436.1%
Net Income

$33.5M

Previous: $41.5M-19.3%
Operating Income

$45.6M

Previous: $56M-18.6%
Gross Profit

$281M

Previous: $293M-4.0%
Cash & Equivalents

$141M

Previous: $109M+30.0%
Total Assets

$1.83B

Previous: $1.74B+5.0%

Revenue & EPS history

Weis Markets · Revenue · Quarterly

$1.05B

Q2 2021-4.7%vs Q2 2020

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2021

Historical avgQ2 2021

-0.1%

Avg return

Earnings day

+0.1%

Avg return

5 days after

+1.2%

Avg return

30 days after

54%

34 / 63 earnings

Positive

+12.0%

Q3 2024

Best reaction

-15.9%

Q3 2017

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.7%-4.1%+9.1%
Q4 2025+1.1%+0.7%+7.9%
Q3 2025+3.1%-0.3%+3.7%
Q1 2025+0.1%-3.6%-2.0%
Q4 2024-1.5%-2.2%+3.9%
Q3 2024+12.0%+15.3%+9.8%
Q2 2024-0.5%-3.1%-2.8%
Q1 2024+4.3%+4.0%-0.5%
Q4 2023+1.5%+6.2%+6.4%
Q3 2023-4.8%-8.2%-8.5%
Q2 2023+7.2%+8.4%-3.5%
Q1 2023-5.4%-11.6%-15.0%
Q4 2022-6.2%-1.7%+2.8%
Q3 2022-10.5%-8.3%-7.7%
Q2 2022+2.1%+5.6%+1.0%
Q1 2022-0.8%+2.8%-7.0%
Q4 2021+6.3%+7.0%+8.0%
Q3 2021+1.3%+11.8%+10.0%
Q2 2021+2.9%+2.7%+7.8%
Q1 2021+1.2%+3.5%-2.6%
Q4 2020+0.5%+1.8%-6.2%
Q3 2020+3.4%+1.8%+3.0%
Q2 2020+2.7%-1.7%-0.3%
Q1 2020+6.9%+10.8%+7.8%
Q4 2019+0.0%-3.1%+14.2%
Q3 2019+4.0%+1.3%+1.3%
Q2 2019+3.5%+6.2%+5.3%
Q1 2019-0.2%-7.8%-10.1%
Q4 2018-5.4%-8.0%-6.0%
Q3 2018-1.3%+2.8%+1.4%
Q2 2018-6.0%-2.8%-8.6%
Q1 2018+0.5%+3.0%+18.4%
Q4 2017-1.8%-0.2%+12.0%
Q3 2017-15.9%-13.5%+3.4%
Q2 2017+0.5%-0.8%-6.8%
Q1 2017-2.4%-6.6%-7.9%
Q4 2016+1.3%+0.6%+4.4%
Q3 2016-0.1%-1.5%-0.4%
Q2 2016+0.2%-2.3%+0.5%
Q1 2016+1.3%
Q3 2015+1.8%
Q2 2015+3.2%
Q1 2015-1.4%
Q4 2014-1.1%
Q3 2014+0.7%
Q2 2014+0.5%
Q1 2014-1.2%
Q4 2013+2.2%
Q3 2013+0.3%
Q2 2013-0.2%
Q1 2013-3.7%
Q4 2012+1.5%
Q3 2012-1.7%
Q2 2012-0.6%
Q1 2012+0.1%
Q4 2011+0.6%
Q3 2011-2.8%
Q2 2011-1.6%
Q1 2011-0.6%
Q4 2010-1.9%
Q3 2010+1.3%
Q2 2010-0.4%
Q1 2010-2.8%

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