NYSE$WMK

Weis Markets Inc · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

Weis Markets reported its financial results for the fourth quarter and fiscal year ended December 28, 2024, with increases in net sales and net income for both periods.

Weis Markets, Inc. reported a 1.2% increase in net sales to $1.23 billion for the fourth quarter of 2024, with net income rising 69.0% to $34.68 million. Comparable store sales excluding fuel increased 1.1%.

  • Fourth quarter net sales increased 1.2% to $1.23 billion.
  • Net income for the fourth quarter surged 69.0% to $34.68 million.
  • Fourth quarter comparable store sales excluding fuel rose 1.1% year-over-year.
  • Basic and diluted earnings per share for the fourth quarter were $1.29, up from $0.76 in the prior year.

Headline financials

Total Revenue

$1.23B

Previous: $1.21B+1.6%
EPS (adj)

$1.29

Previous: $0.76+69.7%
Comparable store sales (individual year)

0.8%

No prior period
Comparable store sales (two-year stacked)

1.3%

No prior period
Capital Expenditures

-$57.2M

Previous: $28.4M-301.8%
Net Income

$34.7M

Previous: $20.5M+69.0%
Operating Income

$42.3M

Previous: $29.3M+44.5%
Gross Profit

$300M

Previous: $264M+13.5%

Revenue & EPS history

Weis Markets · Revenue · Quarterly

$1.23B

Q4 2024+1.6%vs Q4 2023

Forward guidance

The company anticipates continued progress in 2025, building on the momentum from 2024's strategic initiatives and operational improvements.

Tailwinds

  • Continued benefit from strong e-commerce sales, which were up 46 percent for the year.
  • Successful completion of 12 major store development projects.
  • Acquisition and conversion of two stores.
  • Commencement of construction for four new stores in growing markets.
  • Sustained price investments and disciplined marketing programs.

Headwinds

  • No specific negative forward guidance was provided in the report.
  • No specific negative forward guidance was provided in the report.
  • No specific negative forward guidance was provided in the report.
  • No specific negative forward guidance was provided in the report.
  • No specific negative forward guidance was provided in the report.

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 Q4 2024

Historical avgQ4 2024

-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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