WMK News and Press, Weis Markets Inc. From 08/16/21

Rising consumer spending and the convenience of shopping for essential food items online as consumers increasingly opt for healthier foods will likely benefit grocery retailers and boost the industry's growth prospects. So, for these reasons we believe it would be ideal to bet on under-the-ra...

The strong demand in the retail food industry is being fueled by a supercharged economy, a solid vaccination drive, and a rebound in discretionary spending. Also, since the shift to convenient and safe purchasing of essential food items is likely to persist, food retailers are expected to ben...

Weis Markets Announces $135 Million Cap-Ex Program Chairman, President and Chief Executive Officer Jonathan H. Weis updates shareholders at annual meeting in Sunbury, PA PR Newswire SUNBURY, Pa. , April 29, 2021 /PRNewswire/ -- Weis Markets, Inc. (NYSE:WMK) C...

Grocery stores are starting to run up against the tough pantry-loading comparable from a year ago as expected. During March, grocery stores saw a 13.8% drop in sales compared to the same month in 2020 when lockdowns first started and grocery stores saw long lines. Analysts have been warning t...

Sprouts Farmers Market is a strong niche grocer that has seen steady revenue growth over the years. The company's performance and efficiency metrics stack up well against more established competitors. The company's valuation suggests that there is a good margin of safety at today'...

Weis Markets Reports Results For 2020 And Fourth Quarter PR Newswire SUNBURY, Pa. , March 9, 2021 /PRNewswire/ -- Weis Markets, Inc. (NYSE:WMK) today reported total sales of over $4.1 billion for the 52-week period ended December 26, 2020 , up 1...

The COVID-19 pandemic has pushed consumers to buy essential products digitally. But because most mid- and large-cap grocery stocks are now trading at lofty valuations, we believe it would be wise to consider small-cap players like Ingles Markets (IMKTA) and Weis Markets (WMK) to benefit from ...

Since I said goodbye to Weis Markets a few years ago, the shares have remained flat in spite of a spectacular financial performance in 2020. With one in six restaurants shuttered permanently or long term, companies like Weis are obvious beneficiaries. I think the dividend is sustainab...

Weis Markets (WMK) announces Michael T. Lockard, a long- time financial retail executive, will become the Company's Senior Vice President, Chief Financial Officer, and Treasurer.The move is effective March 12.Mr. Michael will succeed Scott Frost, who is retiring. Mr. Frost will continue to se...

Michael T. Lockard To Become Weis Markets' Senior Vice President And Chief Financial Officer Lockard will succeed long-time CFO Scott Frost who is retiring PR Newswire SUNBURY, Penn. , Jan. 19, 2021 /PRNewswire/ -- Weis Markets (NYSE:WMK) today announced ...