Weis Markets (WMK) investor relations material

Executive summary

• Net sales/revenue rose 4.6% year-over-year to $1.26 billion for Q1 2026, driven by growth in grocery, pharmacy, fuel, and investments in promotions and operational efficiencies.

• Net income surged 42.5% to $27.9 million, with EPS up to $1.13 from $0.73.

• Comparable store sales increased 2.1% year-over-year and 3.0% on a two-year stacked basis; excluding fuel, comps rose 1.2% year-over-year and 2.2% on a two-year basis.

• Gross profit margin improved to 26.4% from 24.9% year-over-year.

Financial highlights

• Operating income increased to $35.7 million from $21.77 million year-over-year.

• Operating margin rose to 2.9% from 1.8% year-over-year.

• Gross profit for Q1 2026 was $330.25 million, up from $298.24 million in Q1 2025.

• Cash flow from operating activities increased by $25.4 million to $30.2 million.

• Dividends paid totaled $8.4 million for the quarter; quarterly dividend of $0.34 per share declared.

Outlook and guidance

• Management anticipates continued product cost increases due to inflationary trends and will focus on promotional offerings, loyalty marketing, and technology investments.

• The company expects to maintain regular quarterly dividends, subject to board discretion.

• Ongoing capital expenditure program includes new stores, remodels, technology upgrades, and distribution enhancements.