Report entitled “Every Day High Prices Guaranteed”
Spruce Point is pleased to release a unique forensic research report on Weis Markets, Inc (NYSE: WMK, "Weis" or "the Company") a northeastern regional supermarket. We believe Weis faces 45%-65% downside risk, or $17.60 to $26.40 per share, as a result of declining organic growth, margin pressures from price discounting, and difficult financial comparisons as a result of aggressive accounting changes that are temporarily inflating operating cash flow.
The complete research report can be found on our website at www.sprucepointcap.com. Spruce Point Capital has a short